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How much room do the Phillies have under the luxury tax threshold?

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John Middleton is the Phillies managing partner. (Cliff Welch/Icon Sportswire)

Spring Training games are here, and the Philadelphia Phillies Opening Day roster is beginning to come together.

The competitive balance tax – more commonly referred to as the luxury tax threshold – has been a hot topic for Phillies fans and media alike during this offseason, and the team gave itself little room to maneuver with following the December signings of Zack Wheeler and Didi Gregorius.

Here is how the Phillies payroll breaks down with just over a month remaining before Opening Day:

Guaranteed contracts

The Phillies have 18 guaranteed contracts in 2020 that total $164.