Jed Hoyer is hinting that the Chicago Cubs may not get involved with this offseason's highest-priced free agents.

The President of Baseball Operations mentioned the concept of "intelligent spending" after the club's second-straight losing season.

"We want to build something lasting and we want to build something that we're proud of for a long time," Hoyer said, "and I think that you can get caught up in our game in transactions that feel really good in the short term and don't make long-term sense. So those are the ones we'll avoid.

"But we do want to be aggressive to capture that momentum, to fill the holes on the team that we know we have."

The Cubs finished 74-88, a three-win improvement from last season.