The economics of baseball were way different in 1992, but still yes, the organization has generally been one that acts like a small market, but the current owner and the organization in general is much more likely to at least invest money into drafts, draft picks, complex amenities etc as those are investments that can pay off in spades much later.
The 1990s did not see real investment into player development, etc and such there was such a black hole from 1992 - 2007