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Hard to tell based on the info provided.
Could be that you have outstanding offers that have tied up your budget room (the more expensive players already offered a deal)?
Could be the second (or future) years are causing the problem?
Remember payroll budget space and "cash" are two different things. You can have plenty of cash, but not payroll room.
Review the owner message, your finances page and accounting page and hopefully you can see the issue.
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