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The position player market isn't that hot this year.  
There is aged Pujols who is probably a Cardinal for life,
There is Prince Fielder who ominously cannot control his weight, 
There is old Carlos Beltran and younger Grady Sizemore, who are great talents with bum knees,
There is Jose Reyes, who is perfect, except he is not the big RBI man the M's need
Then, there are a 100 30+ year old baseball journeymen who are only so-so.  Why should the M's sink money into any of these guys unless it is shown that they will probably help the ball club?
This article is right on the money.  The M's should sign a hot pitcher or trade for someone really good, rather than sign some bad or injured or old free agents.  There is no sense spending money for the sake of having a full payroll.  This Yu Darvish character seems to fit the bill.
Also, Z's pitcher judgment seems to be above reproach, while his position player free agent signing record is dismal.
But, this Nippon Pro Ball posting bid system seems like a good way to get burned.  It would be an unmitigated catastrophe to pay millions to negotiate for a player, and then not get a deal done.