In a nutshell (that's right, "nut" and "sack" in the same post):
- Brewers 2007 payroll: $68 million
- Salary we kicked to the curb this offseason: $31.21 million
- Salary we've taken on for 2008: $25.15 million
- Guaranteed, contractual raises for 2008: $4.2 million
Check out that link for the financial details.
Also, the same report noted that Nix cleared waivers and will report to AAA, thus keeping the hope alive that we'll see a Nix/Nixon platoon someday in Miller Park.