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I think King George is prepared. He has an open wallet. IMO he probably thinks (and perhaps rightfully so) if noone buys a high player and there's someone better (say Pujols over Giambi), he can eat Giambi's contract still offer Pujols probably 2x what anyone else can and still make a profit.
The ONLY way to stop King George is to have a true salary cap and revenue sharing. Otherwise he'll eat contracts and keep signing whoever he wants.
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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"
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