They spent legit money during the last run. The problem recently has not been payroll but rather budget. For most teams those words mean the same thing, but not the Orioles and that's one of the biggest problems for the franchise. The GM never is simply given a budget and allowed to work within it, rather every single big move is treated as it's own decision that needs owner approval. Ownership said yes to enough things during the last good stretch that the payroll was absolutely acceptable, but the method is guaranteed to be disastrous long term, as we saw the last time.When is the last time this team spent serious money? The 90's? Pardon me if I'm a little skeptical on that point.
There is no reason to think ownership has changed their mindset and that Elias will operate under a different system. We can only hope he will.