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Teams once again will throw money at free agents

With plenty of cap space, teams once again will throw big money at free agents.

Updated: March 4, 2005, 3:50 PM ET
By Len Pasquarelli | ESPN.com

Poised for the start of another free-agency signing period, an exercise in which financial boondoggles historically have outnumbered bargains by a wide margin, league general managers and personnel directors at least deserve credit for one thing.

Candor.

Remember last year, when the free-agent market opened with teams spouting buzzwords such as "fiscal responsibility" and "restraint" and "prudent spending," then going through money in the first week of the signing period as if they ...

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