I think saying we want to be like the Rays is hyperbole. The Rays would never spend $300M in a 9 month period.
Let's face it: Henry is spending money- just not on our beloved, homegrown players.
There are some owners going downright nutty with their spending, but Henry's total winter spending since the end of 2021 has been among the top 7 or 8, if I'm not mistakes.
Last winter:
$140M/6 Story
$19M/2 Barnes extension
$7M/1 Wacha
$6M/1 Paxton
$5M/1 R Hill
$4M/1 Diekman
$3M/1 Strahm
$2M/1 Robles
$11M more for JBJ over Renfroe (counting JBJ's buyout)
$197M Total last winter
This winter, so far:
$105M/5 Yoshida (counting posting fee)
$32M/2 Jansen
$22M/2 J Turner
$19M/2 Martin
$2M/1 or $6M/2 Joely
$180M Total, so far.
We will likely have spent between $380M and $400M over the last 2 winters, combined.