Free Agency: Looking at the Phillies’ Financial Situation Heading into Offseason

The Philadelphia Phillies’ late season resurgence has been a double-edged sword for both the team and fans.

Each win improved the team’s standing in the National League wild card race and gave fans the same feeling that they’ve grown accustomed to in September in recent years. However, each loss also served as a reminder of the team’s poor play during the first half of the season that put them behind in the standings in the first place.

The Phillies, like many teams, will have holes to fill following the season. But a strong finish combined with possible internal adjustments could alter the to-do list once the offseason starts.

The Phils put themselves in a position to avoid paying the luxury tax by trading Shane Victorino and Hunter Pence prior to the non-waiver trade deadline, and Joe Blanton in August.

However, the team is also set to pay players such as Cliff Lee, Cole Hamels and Carlos Ruiz increased salaries next season.

Where does that put the Phillies’ payroll at as the offseason starts? Is the team willing to exceed the $178 million luxury tax threshold? Can they even address all of their needs through free agency, or will trades need to be considered?

The Phils will have options to run through once the offseason begins as they try to make next season more reminiscent of recent seasons, and push this season well into the rear-view mirror.

Before any wheeling and dealing begins, here is what the Phillies’ financial situation looks like heading into the offseason.

Begin Slideshow