Being a top spender should allow us to compete again at some point in the near future, but I think we will need to be bad before we get good again-- maybe not "cliff" bad, but we may need to get a good draft pick slot or two and more international spending pool money to build the farm back up. Couple that with a rest of the tax and no tax draft penalties, and I think we can be back to being top contenders in 1-2 seasons. Maybe we'll have to sell off a couple high-priced and aging stars by paying a big chunk of their future salary, but it worked with the AGon, CC & Beckett deal, and it worked with the Lester, Lackey & Peavy sell-off.
As much as this season sucked, maybe it made our future path more clear.