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This was one of the top hits on Google when I looked up "Cubs payroll history"...
Major League Baseball Team Payrolls 1998-2012
2012 $ 88,197,033 (that seems low and might be forgetting about Pena's deferment and whatever they sent over in the Zambrano trade)
2011 $ 125,480,664
2010 $ 146,859,000
2009 $ 135,050,000
2008 $ 118,345,833
2007 $ 99,670,332
2006 $ 94,424,499
2005 $ 87,210,933
2004 $ 91,101,667
2003 $ 79,868,333
2002 $ 75,690,833
I cut it off at 2002 because that's when Hendry took over and he didn't have a lot of time really to tweak payroll right away. For the bulk of the decade the Cubs sort of flip-flopped with the Cardinals and there wasn't that much disparity between the two teams until the backloaded contracts kicked in. So you can make the argument that the money wasn't spent wisely, but you also have to concede that the extra money that the Cubs were supposed to use as an advantage wasn't really there either.
Major League Baseball Team Payrolls 1998-2012
2012 $ 88,197,033 (that seems low and might be forgetting about Pena's deferment and whatever they sent over in the Zambrano trade)
2011 $ 125,480,664
2010 $ 146,859,000
2009 $ 135,050,000
2008 $ 118,345,833
2007 $ 99,670,332
2006 $ 94,424,499
2005 $ 87,210,933
2004 $ 91,101,667
2003 $ 79,868,333
2002 $ 75,690,833
I cut it off at 2002 because that's when Hendry took over and he didn't have a lot of time really to tweak payroll right away. For the bulk of the decade the Cubs sort of flip-flopped with the Cardinals and there wasn't that much disparity between the two teams until the backloaded contracts kicked in. So you can make the argument that the money wasn't spent wisely, but you also have to concede that the extra money that the Cubs were supposed to use as an advantage wasn't really there either.