It's clear that they do not want to spend this year. This team has already huge commitments and their baseball operations have been horrible in both leadership and financially. Some have said that this new CBA agreement is not attractive even for teams like NY and Bos. On the other hand, Still Ortiz move was a huge mistake IMO. They could use that money in a SP.
Beyond Ortiz move, IMO The only scenario that would make sense, would be, going like this and staying just below the LT. I wouldn't like it but at least it would be consistent in the way they have been executing this offseason. As pumpsie said, they need to clean up the mess that Theo and his crew left and try to put a better team in 2013-2014.