Like others, I don't think it's collusion, I think it's just a perfect storm of factors coming together to make a slow market. There was a trade deadline two or three years ago that was similar, it just happens sometimes. I think the big one is a lack of parity in the league is the big one. 5 of the 6 divisions were pretty much already locked up the second the off season started. Horsefeathers will happen and one or two of those teams will fall short, but second-tier teams like the Twins aren't going to go balls to the wall just on the off chance that everyone in the Indians' rotation contracts lupus. Especially since with the Angels being gifted Ohtani and resigning Upton, both AL wildcards look pretty much locked up already as well. Teams like the Twins and Rangers aren't going to just fold it in, but they're probably going to be more opportunistic than aggressive. I think an underrated secondary factor is Scott Boras. He represents most of the major players left, and he's always been willing to wait teams out. Normally, a top player signs and that reverbs both further down at that guy's position and also across to the other top guys on the market (there's only so many teams willing to throw $20+ million at a single player in a given off season). It sets off a game of musical chairs both vertically and horizontally. But right now Boras has JD Martinez, Eric Hosmer, Mike Moustakas, Jake Arrieta, and Greg Holland. That's 5 of the 7 best FA's remaining, with Darvish and Lorenzo Cain being the exceptions. If teams want to play chicken, he can play chicken. I honestly wouldn't be surprised if nothing else big happens until Darvish signs. That'll thaw out the Boras guys a bit, and also let teams move on to Cobb and Lynn. Beyond that I think it's the other factors that have been cited. The luxury tax, next year's FA class, and the offseason effectively starting late because of the Ohtani/Stanton situations.