Bill Madden of the New York Daily News has an article up that talks about the lack of activity in the free agent market.
Madden cites an interesting prediction from an unnamed baseball executive near the end of his report. He writes:
The same executive predicted that most of the over-30 free agents left on the market will wind up having to settle for one-year deals "because, with all the uncertainty about the next couple of years, clubs just don’t want to commit risky money on older players or players with injury histories."