Furthermore, the Patriots are no longer contenders, meaning the baked-in leverage they always enjoyed at the negotiating table is now gone.

Source: https://www.bostonherald.com/2023/07/30/nfl-notebook-how-the-patriots-could-reasonably-extend-matt-judon-kyle-dugger-and-josh-uche/

I’m invoking all this because, as a green citizen, I believe that serious environmental damage is baked-in and on its way.

Source: https://www.thenational.scot/politics/23535065.construction-past-can-help-us-build-better-future/?ref=rss

Then again, there is a good chance that PEP's valuations may be moderated nearer to its 3Y pre-pandemic means of 21.04x as well, suggesting a dramatically lower price target of $181.78 and a fully baked-in upside potential.

Source: https://seekingalpha.com/article/4617334-pepsico-q2-earnings-affordable-treat?source=feed_all_articles

Today, the spending is virtually baked-in.

Source: https://dailycaller.com/2023/09/30/opinion-theres-only-one-way-to-tame-the-runaway-federal-debt-jason-lewis/