The frustrating thing with Machado is that it makes so much sense for the Pirates to be the mystery team in on him, but the single fact that Nutting will never approve that contract kills the rest of the logic behind it.
Yeah, just starting at the payroll breakdowns it makes so much sense it's depressing. I'm sure I do not need to launch into any reminders of my hare-brained exercises in hypotheticals over the past few winters, but it's just so unbelievable that I can't bring myself to begin doing much ballparking more than this. With Cervelli off the books next year, not to mention some moderate contracts like Dickerson, Kang, etc., you have to figure that Machado could be signed for ~25 million a year and we could still skirt under 100 million payroll almost indefinitely. Sure, several players will move into arbitration, but we're talking moderate raises for Taillon, Bell, Musgrove. The base remains pretty low, especially if you figure you'll continue having guys on rookie contracts, like Keller and Tucker.
Besides Taillon and perhaps Bell, the players who would make big arbitration winnings are already inked to specific contracts. Vazquez goes up to 10 million in 2022 (on a club option no less...), so perhaps around that point, you have to start breaking it up, but that's the case anyways with how the roster is structured. We could have Machado through the window and keep the payroll no higher than it ever was, and then figure out what to do in 3-4 years, likely including the option of trading an in-his-prime Machado and getting out of the length of the contract. Maybe the return wouldn't be showstopping, but it would probably still be half decent for a retool/rebuild, and it's less important anyways because he's not homegrown talent.
This is a market opportunity for the team if there ever was one. The only way it would be plausible is if Nutting could be sold that attendance would increase and the team could stretch back to what they did spend for about 1.5 years one time. But just with some back of the envelope math, it doesn't seem like they'd need to spend more than that, and so bracketing the other obvious that Machado would never come, maybe there's some small .01% glimmer of hope. If it actually happened I think we'd all be shocked speechless.
In other news, the Gray trade still hasn't been announced (but it's Long, a 30-something pick, and maybe a lesser prospect), leading to some speculation that they want to sign an extension. If that's the case, I think it would be a good, relatively low risk move to get Gray. If it's just for one year, and TBD after (try to convince him to stay), then it's still not terrible, but I'd really balk at giving up such a high pick. But if they can get him signed to an extension, then it's a decent speculative risk to improve their team right away without really dipping too far into their prospect pool (Long's defense isn't the best, and Senzel already might have to shift to 2B because Suarez is locked in).
My expectation for how things will play out at this point is that the Phillies will sign Machado and Harper will go back to the Nats. Maybe one or both of them will have some kind of opt-out, but this seems like the most logical outcome. I could see the Phillies getting Harper, but it sort of makes more sense to me that they'd have Hoskins at 1B, Machado at SS/3B, and then Trout in the OF in a couple of years.