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Regardless of why this is happening, the AI should know that spending 40m+ on a RP is insane, and the AI players should know that demanding that is insane. The very top end RPs should be making at most about half of what top batters and SP are making.
From my observations playing this version quite a bit now (on mostly default financials), teams do have too much money laying around, and there's not enough options for using it. IMO, star batters and SP sign team friendly extensions way too easily, and star RP become the best players in free agency (you could argue this has been an issue in OOTP before, but I've played this game for 10 years and haven't seen it so extreme).
Even if this trend matched real life, MLB teams wouldn't start paying RP 40m+ because they're the only players to spend money on.
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