No, they didn't. That is not true. I wish people would stop saying that. Where is all that new talent that 150 million brought in? Oh, there is none. That's right. They were simply contract extensions. So instead of signing players year-by-year they signed them to long-term contracts. None of the money was spent. Bob's bank account isn't 150 million dollars lighter. He was going to have to pay that money either way, unless he expected Votto, Arroyo, Cueto, Bruce and Hanigan to play a year or two for free. In fact, the club probably saved money by doing it that way, reaching agreements on the extensions.