Sure the payroll will be up above $100M, it doesn't mean it's there to spend. I heard this on WFAN update, since I do not listen to Fatcesa. Jeff also mentions that Sandy will have "flexibility" for THIS off-season. Do not believe this, do not make too much of it. Jeff does this EVERY year.
What did he say last year?
Baseball Maverick: How Sandy Alderson Revolutionized Baseball and Revived the Mets