Is it though? It's really up to ownership whether it's possible or not. The Cards have exactly $14 million is guaranteed salary tied up next year (if you use tax - if you use cash allocation instead it's way less), for JJ Wetherholt. They also have about $13 million tied up for Arenado and Contreras salaries they owe those players' respective teams. Everyone else on the roster is pre-arb, arb, or a free agent (with a handful of team or mutual options). Baseball reference estimates those Arb and pre-arb players total $45 million. So total allocated for next year on a payroll tax basis is approximately $72 million (assuming all options are declined and/or players on options like May are traded before then).
After after accounting for arb awards for those eligible and pre-arb salaries, if the Cards ownership set a budget equal to the number 10 team in the league (Tigers, at $244 million) this season that'd give Chaim $172 million to add to the payroll.
This is a list of some of the likely free agent pitchers this offseason:
1. Tarik Skubal
2. Freddy Peralta
3. Joe Ryan
4. Clay Holmes
5. Trevor Rogers
6. Brandon Woodruff
7. Michael King
8. Zac Gallen (might be done but potential reclamation project)
9. Shota Imanaga
10. Robbie Ray
And a ton of relief pitching will be available as well. With $172 million to spend the Cardinals could very easily add two or even three top notch rotation pieces and some relief pitching, with some money left over to add Isaiah Kiner-Falefa or someone like that to shore up everyday 3B duties, and suddenly that's a good enough team to compete for the division in 2027. As an example, imagine Skubal takes $50 million AAV and Joe Ryan another $35 million AAV, allot another $22 million for relief pitching and $15 million for IFK and that totals just a $122 million increase to payroll. I think those are higher numbers than those guys would actually go for, and it's still $50 mil under the $172 million number I gave.
Now, will the ownership do that? No, I don't think they will. But the promise was always that when there were enough homegrown cost-controlled pieces in place the payroll would rise to fill in the gaps. Well, those pieces are in place. It turns out we weren't that far away. We need a couple top end rotation pieces, some relief pitching, and one or two bats (ideally one OF and one who can play 3B). An upgrade at catcher would be nice but we can make do as is. That can all be had for under $200 million which would have us right around the top-10, probably just outside of it.
My best guess is we continue to punt. This ownership doesn't actually ever want to spend at that level. They'll use attendance as a justification again. And of course attendance won't go up until they put a better product on the field.