I just feel the need to point out that the projected starting payroll for the Cubs - about $102 million - would be the lowest Cubs payroll since 2014 if you don't take inflation into account. If you're talking about actual 2022 dollars, calculating in inflation, this would be the lowest payroll since 2003. The Cubs currently stand at 17th in payroll MLB-wide. They've never had an opening day payroll below 15th in MLB (2001) for as far back as I can find records (2000).
With the changes in how free agency works, no draft penalties for signing free agents, a draft lottery, and no real top notch prospects ready to play at the MLB level... failure to spend on free agents isn't being smart and gaming the system. It's just being cheap.
Just keep that in mind as they keep getting outbid for top flight free agents.