Agree on the mediocrity, but hasten to add the payroll is $182M, 11th highest out of 30 payrolls. Highest is the Mets, $308M, whose record, 19-21, is even worse than the Sox. 2d highest is Yankees, $306M, and they are tied with the Orioles, whose payrolls is $101M. 3d highest is Houston, $250M, who are 16-25. 4th highest are the Phillies, $245M, who are 29-13 (excellent). 5th, Texas, $233M, 22-21, same as the Sox. 6th, Atlanta, $231M, 25-13, also excellent. Same for the Dodgers, 7th, $229M, 28-15. But not Toronto, 8th, $226M, 19-22.
Cleveland payroll, $100M, is 27th and their record is 26-16. Tampa's is $100M, and their record is 21-21. Milwaukee's is 22d, $107M, and they are 24-17.
So, inflation or not, it's how you spend your bucks, not how many you spend.