The Chicago Cubs are the 4th most valuable team in MLB but can't be bothered to spend

The Chicago Cubs' struggle with player retention: a history of missed opportunities and unwillingness to spend.

Kamil Krzaczynski-USA TODAY Sports
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If the Cubs don’t do any of those things, then what the hell do they do?

What the Cubs have done in this offseason, is nothing. 

They signed Shota Imanaga, and that’s fantastic because Justin Steele had positive things to say about seeing him on the mound. However, he was signed just days before Cubs Con and signed the seventh largest contract given to a pitcher with Jordan Montgomery and Blake Snell both still available and likely to receive more than Imanaga’s four-year $53 million dollar deal. 

Last season the Cubs spent intelligently, because that’s all Hoyer does. 

In that intelligent spending, he went after guys like Cody Bellinger on a one-year “prove it” deal (which he did), and Dansby Swanson on the second-largest contract given out in team history and those two were incredibly valuable. However, he also neglected the bullpen and thought that Trey Mancini and Eric Hosmer could handle first base which accounted for $-22.4 million dollars in value according to bleacher report, making the Cubs the 16th most efficient team in baseball at overperforming their contracts. 

An incredibly frustrating aspect of this team is that the Cubs want to have it both ways. They want to be efficient like a small-market team like the Tampa Bay Rays or the Baltimore Orioles who are first and second on that list respectively. However, they also want to be a valuable organization like the Dodgers and Yankees who are first and second on the Forbes list respectively.