Here are some projections and comments on the more plausible guys.

HITTERS:

ZIPS:

Frank Thomas :  260 / 362  / 402 in 340PA

Jim Edmonds: 243 / 334 / 425 in 320PA

Nomar Garciaparra 278 / 334 / 420 in 319PA

Ray Durham 235 / 326 / 357 in 381PA

Paul Lo Duca 261 / 318 / 337 in 280PA

PECOTA (weighted mean)

Ivan Rodriguez: 263 /301 / 364  for a 3.1 VORP

PITCHERS:

Pedro Martinez: 87IP, 95ERA+

Job Lieber: 63IP 4.86ERA

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I really don't think anyone outside of Pudge or Edmonds makes any sense.   Pudge's value comes on handling the staff and defense, Edmonds is just better than Owens and probably Wise too.  He'd replace one of them and split time with BA in CF.

Frank I'm mild on, but only if he accepted a limited roll and a limited paycheck.  He can't play any thing in the field so the OBP would just be insurance for Thome.  But it's worth taking the risk not to sign him, if Thome goes down then scoop him up.  If he's already signed elswhere oh well hindsight is 20/20.

Durham, nice guy, nice career, but toast.  He knows it too as he mulls retirement.

Pedro is washed up IMO and the projection confirms that.  He'd be bad at the Cell and he rarely seems to make it past the 5th inning -- not a recipe for contributing.  With the (so far) sunny timetables for Colon and Contreras, there is no reason to sign him.