How is Payroll Budget Set?

[blahblah]

The Free Agent period is here but I can't bid on any players because it says I'm "[over payroll limit]". Right now I have $20 million in cash. My finances are listred as: "Payroll: $127.7M, Budget: $92.7M, Limit: $97.8M".

Is there a way to increase my payroll budget considering that I do have cash on hand.

Thanks!

[Joshuaaaaaa]

They are set badly. The AI doesn't seem to recognize that you will make money throughout the season so the limit always drops hugely at the start of the season. The Limit adds 1/4 of your available cash to your budget.

[Chipper_Jones]

Your cash is already factored in. It's payroll vs. revenue, with cash factored into the "Limit" stat. If you're over your "Budget" but under your "Limit" you'll be fine. Based on that, though, the game believes you're liable to burn through most of your cash during that season.