Out There are 4 possibilities:
1.- As Elk said, they have a pre-agreement with Oswalt (or similar) and stay under the cap :thumbsup:
2.- Make room to sign Ortiz and stay under the cap :thumbdown
3.- We are already over the cap and we go like this. :thumbdown
4.- They are already over the cap and sign Oswalt. :thumbdown
Points 3,4 consider that Ortiz is already signed beyond the amount of the contract.