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Money for extensions pays attention to your +1 year salaries / payroll on the debit side and I'm not sure on the credit side if it's current budget or estimated revenues.
I haven't watched for this myself but my guess is that your arbitration estimate costs went up during that month. i.e. you had a player or players that are playing well and now their arbitration cost for next year is higher.
Also, when you add someone to the 40 man you add 535k to this year as well as subsequent year payroll.
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