Ballard is probably just sticking to his guns....he said he would be picky in free agency and likes to build via draft....I wouldn't be surprised if we just hit on a couple of second tier guys...say Zach Brown, Sheard, Paul Simon, etc... and call it a day for free agency.
I do think it is possible we spend big on one guy....we almost have to, to hit the cap threshold number...free agency hasn't even started. Even though its frustrating hearing all these rumored deals, remember a few things....1. not all the deals go through, think Frank Gore and 2. There are some guys who will be solid contributors whom you won't have to pay $10 mil+ a year.
Just my two cents