[slide]

When you Win World Series you reward your players and payroll goes way up.   When you don’t payroll stays low.

Not great management of payroll simply the difference between winning and not winning

that's certainly one way to look at it.  antiques can be both expensive and brittle too.  $110M for next year wrapped up in Cueto, Smardz, Longoria, Posey, Crawford and Belt.

[slide]

When you Win World Series you reward your players and payroll goes way up.   When you don’t payroll stays low.

Not great management of payroll simply the difference between winning and not winning

that's certainly one way to look at it.  antiques can be both expensive and brittle too.  $110M for next year wrapped up in Cueto, Smardz, Longoria, Posey, Crawford and Belt.