I was going to post this:
2009 Opening day payroll: 121,745,999.
Offer to Teix (supposedly): 168/8: 21 mill for 2009.
Total: 142,745,999.
2010 opening payroll figure (pending arbitration cases): 135, 228,333.
Add to that around 7-12 million in arbitration (Let's say 12 for argument's sake).
2010 payroll: 147,228,333.
The actual increase value if you consider the offer will be around 5%.