The Dodgers are paying over $15MM to former players this year; that number will fall under $7MM in 2011 as their commitments will be reduced to Juan Pierre and Andruw Jones. They'll also potentially free up over $40MM for departing free agents, with Manny Ramirez, Hiroki Kuroda, and Vicente Padilla the biggest salaries.
On the increase side, players under contract will receive over $13MM more. Andre Ethier, Rafael Furcal, Jonathan Broxton, and Matt Kemp account for the raises. More increases will be due to arbitration-eligibles: Chad Billingsley, James Loney, and Hong-Chih Kuo enter their second year, Russell Martin his third, and George Sherrill his fourth. Sherrill can be considered a non-tender candidate, only because the Dodgers may be reluctant to pay a setup man more than $5MM.
Even if payroll is maintained in the low $100MM range, the Dodgers should free up enough money to adequately replace Ramirez and at least one of the starting pitchers.
Thanks to Cot's Baseball Contracts for the info.