Older players are feeling the crunch these days, especially if they're one dimensional. Teams just aren't willing to pay big bucks for declining players, regardless of how notable they are or how good of a fit they may be. However some younger players are feeling it too; if they want a big league contract they better be able to do several things well.
Two-time All Star Hank Blalock sits here on February 8th without a job, despite hitting 25 homers last season and averaging 27 bombs per 162 games played for his career. The problem is that Blalock doesn't get on base well (.277 OBP in 2009, .329 career), isn't very good in the field at either first or third, and has dealt with major shoulder injuries in recent seasons. His value comes from his ability to occasionally make pitchers pay when they make a mistake.
At this point, Blalock's probably looking at a minor league deal, however his significant platoon split might be enough to land him a gig as a the lefty-half of a first base platoon somewhere. All it takes is an injury in Spring Training, after all.
Do you see any possible fits for Blalock, maybe as a platoon player or a bat off the bench for an NL team? The pickin's are slim this far into the offseason…