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You are $9.6M over-budget this year. The money you currently have available for using on free agents is due to your hefty cash reserve. Cash is counted toward your available funds for free agents, but not toward your funds available for extensions. This is because your cash pool can decrease significantly in the offseason based on the cash max setting in your league, or the whim of your owner. If the figures shown on your financial screen are accurate, the game is correct that you don't have any projected budget room next year for extensions.
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"Sometimes, this is like going to a grocery store. You’ve got a list until you get to the check-out stand. And then you start reading People magazine, and all this other [stuff] ends up in the basket."
-Sandy Alderson on the MLB offseason
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