With free agency ready to kickoff this Friday, February 27, hope once again springs eternal for fans across the NFL.

But it seems like more than any other year, the free agent market this offseason has been picked bone dry before teams have even had the chance to grab their shopping carts.

Nnamdi Asomugha?

Sorry, off the market after re-signing with the Raiders.

Julius Peppers?

Franchised, but teams can probably have him for two first round picks, a gazillion dollars and a six yachts.

Terrell Suggs?

Likely staying put in Baltimore after being franchised.

Karlos Dansby? Brandon Jacobs? Matt Cassel? O.J. Atogwe? Darren Sproles? Antonio Bryant? Dunta Robinson?

All franchised.

Are there any players left on the market to get excited about? Absolutely, there are plenty of quality free agents available and bargains to be had. But as in previous years, there are a ton of risks, as well.

Below are five free agents that might command a decent amount of money this offseason, but will also be worth the heavy price tag in the end. I’ve also complied a group of five free agents that could turn out to be thieves this offseason by commanding big bucks, yet those investments may not pay off once teams start strapping on helmets and shoulder pads again.

The Oakland Raiders have managed to re-sign cornerback Nnamdi Asomugha to a three-year contract, but as Adam Schefter from NFL.com writes, the are some complexities to the deal.

Asomugha signed a three-year deal that is worth a minimum of $45 million and could reach $50 million, a league source said.

It’s a complex contract that the NFL had to sift through and approve, and it has. The deal works like this:

The first two years, worth $28.5 million, are fully guaranteed. In the third year of the contract, if Oakland wants to keep Asomugha, it must pay him the average of the top five highest-paid cornerbacks in the game or $16.875 million — whichever is greater. If the Raiders fail to pick up the option, Asomugha will become a free agent, with Oakland not having the ability to tag him again.

Leave it to Al Davis to orchestra a weird deal like this. That’s a lot of dough for one player and the Raiders are already in cap hell, but that’s not to say Asomugha isn’t worth it. He’s one of the only corners left (Champ Bailey being the other) that is a true shutdown corner who can play man-to-man. Quarterbacks don’t throw his way because he is simply that good and can blanket an entire half of the field.

The good news for Oakland is that the deal is done. Either way, they were going to have to spend big to retain him because he was the top corner on the market. But now Davis is going to have to make some roster moves in order to gain cap flexibility so the Raiders can try and address other areas. And being thrifty isn’t one of Al’s strong suits, so we’ll see what kind of moves he makes once the free agency period officially kicks off at the end of the month.

Granted, guys like Peyton Manning, Larry Fitzgerald and Troy Polamalu had wonderful seasons. But don’t they already get plenty of love? With our third-annual NFL All-Spectator Team, we want to shine the spotlight on the players that had great seasons, but for one reason or another, missed the postseason.

So there won’t be any Steelers, Cardinals, Eagles or Ravens on this team. Nor any Giants, Panthers, Vikings or Falcons. They’ve had their opportunity to shine. We’ll recognize those great players that spent the postseason on their couch, or maybe on a beach somewhere. After all, it’s not their fault that they’re on a mediocre (or a crappy) team, is it?

Hell, we’ll even honor a couple of Detroit Lions – how’s that for spreading the love around?

Check out our 2008 and 2007 All-Spectator squads.

QB: Drew Brees (NO)
5,069 yards, 34 TDs, 17 INTs, 96.2 QB rating
For the second straight season, Brees is our choice at QB. On one hand, it’s a nice honor because it means he’s consistently productive, but we’re sure he’d rather be guiding the Saints into the playoffs. Brees improved his numbers across the board, and almost broke Dan Marino’s single-season yardage record; he averaged 317 passing yards per game! He posted the second-highest QB rating of his career and even turned someone named Lance Moore into a fantasy star. For this, he was named AP Offensive Player of the Year, a well-deserved honor.

RB: Matt Forte (CHI)
1,238 rushing yards, 63 rec., 477 receiving yards, 12 total TD
It was a tough call between Forte and Thomas Jones, but with 1,715 total yards, the rookie gets the nod. Some draft pundits questioned his ability to be an every down back, but didn’t have any problems taking over as the Bears’ RB1. He caught an eye-popping 63 catches and was (by far) the Bears’ best offensive weapon. It’s scary to think what he could do if Chicago had another playmaker in the passing game that would keep defenses from stacking the line against the run.

FB: Earnest Graham (TB)
563 rushing yards; 23 rec., 174 rec. yards; 4 total TD
Were there better fullbacks that we could have chosen? Yeah, especially considering Graham isn’t technically even a fullback. But we chose Graham (who missed the last six games of the year with an ankle injury) because of his unselfishness this season. He volunteered to move to fullback when the Bucs were in need of a power blocker and he never griped about losing his feature back role. When he went down with a season ending injury in Week 11, Tampa clearly missed his power running style over the past two months of the season and even more so, they missed his leadership.

WR: Andre Johnson (HOU)
115 rec., 1575 yards, 8 TD
All AJ did was lead the NFL in catches and yards, anchoring one of the league’s best offenses in the process. He posted 9+ catches eight times and went over 100 yards in each of those games. This included success against the very best competition; he racked up 11 catches for 207 yards and a TD against the Titans, who have one of the top pass defenses in the league. A big day for AJ usually meant a Texans win; Houston was 6-2 in games where Johnson went off.

WR: Brandon Marshall (DEN)
104 rec., 1265 yards, 6 TD
Marshall missed the first game of the season due to suspension, but he made up for it the next week, posting an amazing 18 catches for 166 yards and a score against the Chargers. He was one of the most consistent wideouts over the rest of the season, catching no fewer than four passes in 12 of the next 14 games. Surprisingly, he only caught six touchdowns, but with the third-most catches and seventh-most yards in the league, his stats are plenty impressive.

TE: Tony Gonzalez (KC)
96 rec., 1058 yards, 10 TD
Gonzo makes his second-straight appearance on our All-Spectator Team. Jason Witten may have earned this spot if not for a midseason injury that hindered his production, but Gonzalez was every bit the top TE in the league this season. He was 12th in the league in yards and tied for 4th in catches. What’s most impressive about Gonzo’s season is that, at 32, he turned in what was arguably his third-best season of his illustrious 12-year, Hall of Fame career.

OT: Ryan Clady (DEN)
The Broncos might have produced one of the worst collapses of any team in NFL history by surrendering a four game lead over the Chargers with only four games remaining in the season, but Clady deserves praise for his exceptional play this year. The rookie gave up just a half sack and helped anchor the left tackle position for an offensive line that tied the Titans for fewest sacks allowed in the NFL (12). He’s the type of player the Broncos can build their O-line around and he was clearly a Pro Bowl snub.

OT: Joe Thomas (CLE)
Did Thomas take a slight step back this season? Yes. Even some in Cleveland’s organization will admit it. But offensive linemen aren’t immune to having sophomore slumps and even though his production might have dipped a little, Thomas was still one of the best tackles in the AFC and worthy of his Pro Bowl roster spot. He was also part of a Browns’ offensive line that finished eighth in sacks allowed. Some are going to wonder where Jason Peters’ (Bills) name is, but don’t strain your eyes looking too long because he didn’t make the cut. Peters gave up more sacks (11.5 sacks in just 13 games) this year than any starting left tackle in the league.

OG: Leonard Davis (DAL)
Two years ago, the Cardinals gave up on Davis because they didn’t feel he was consistent or dominant enough to be their cornerstone left tackle. Not that they were wrong, but they might regret giving up on him with the way he’s excelled since the Cowboys moved him to right guard after signing him to a seven-year, $49.6 million contract in March of 2007. Davis had another outstanding year and some believe that he was the most dominant right guard in the NFL this season. The Saints’ Jahri Evans (who made our honorable mention list) got a starting look for our guard positions, but in the end we couldn’t pass up pairing Davis with Alan Faneca.

OG: Alan Faneca (NYJ)
The Steelers didn’t want to pony up to pay a 32-year old guard with plenty of mileage on his body, but the Jets signed the veteran to a five-year, $40 million contract and it’s safe to say that Faneca was worth the money. After breakout seasons as rookies in 2006, the play of left tackle D’Brickashaw Ferguson and center Nick Mangold dropped in 2007. But the addition of Faneca turned out to be the shot in the arm that the two youngsters needed. Faneca’s presence also helped running back Thomas Jones bounce back after a rough 2007 campaign, as he rushed for 1,312 yards this season.

C: Dan Koppen (NE)
Whether it was because of a down year or the inexperience of quarterback Matt Cassel, the Patriots’ offensive line was brutal in pass protection this season. They gave up 48 sacks despite returning all five starters from their Super Bowl team. Regardless, the Patriots still had the fifth best offense in the NFL and were the sixth best running team. At the center (no pun intended) of their success was Koppen, who continues to be a quiet leader on a team filled with exceptional players. Cassel’s success this season had a lot to do with having a veteran center setting the line protection every play and guiding the young signal caller along the way.

In the NO/CAR game, Muhsin Muhammad (3-43) and Lance Moore (3-10) came back to Earth a little bit. It’s tough to count on either of them, especially Moore who failed to produce even though the Saints were trailing most of the game…Bernard Berrian (6-81-1) is turning into a must-start with Gus Frerotte under center. Berran is now averaging 5.0-96-0.6 since Frerotte took over in Week 3…Devin Hester (2-22) left the game with a quad injury and was unable to return…Both Housh (8-58) and Ocho Cinco (8-52-1) were targeted often by Ryan Fitzpatrick, and it looks like Carson Palmer may be out a while…The Chiefs are a mess, but Dwayne Bowe (7-86) still put up good numbers in PPR leagues…Derrick Mason (6-87-1) continues to be Joe Flacco’s favorite target and is a WR2/WR3 in PPR leagues…Terrell Owens (2-31) looks like he’s going to suffer while Tony Romo is out…Jerricho Cotchery’s dismal outing (1-0) throws his must-start status into flux. It might have had more to do with Oakland’s fine CB Nnamdi Asomugha than anything the Jets were doing.

In the weeks leading up to the kickoff the 2008 NFL Season, I’ll take a look at position groups that could potentially lift teams to new heights, or bury them and their postseason hopes. Today I take a look at how the Oakland Raiders have built one of the better defensive backfields in the NFL.

He takes too many chances going for interceptions, is cocky and can sometimes be viewed as a selfish player.

He’s also one of the few shutdown cornerbacks in the NFL. He’s DeAngelo Hall, one of the Oakland Raiders’ newest additions in their secondary.

The Raiders acquired Hall from the Atlanta Falcons this offseason for multiple draft picks and immediately signed him to a seven-year, $66.28 million contract. While he’ll occasionally get burnt trying to jump a route for an interception, Hall has been one of the best defensive playmakers in the league. He’s also coming off his best season as a pro, hauling in five interceptions and amassing 63 tackles for the Falcons in 2007.

Playing opposite of Hall in Oakland’s secondary is the incredibly underrated Nnamdi Asomugha. Even though his interception total dropped from eight picks in 2006 to just one last year, stats don’t tell the whole story. Opposing teams often stayed away from Asomugha’s side, fearing his playmaking ability. But teams won’t be able to do that this year with the equally dangerous Hall on the other side.

The Raiders also signed Gibril Wilson this offseason, a talented safety who helped the New York Giants win a Super Bowl last year. Like Hall, Wilson is arguably coming off his best season as a pro, recording 92 tackles and four interceptions. Joining him at safety will be Michael Huff, the former top 10 pick who has come into his own despite having to play multiple positions in his first two seasons.

Even though there are some concerns about Hall having to play with a cast after breaking bones in one of his hands in preseason, Oakland has built one of the better defensive backfields in the league. It’s amazing to think that Hall will see plenty of action this season playing opposite from Asomugha, because Hall is incredibly skilled in coverage himself. And with Wilson now in the mix, Huff can concentrate on playing just one position and further developing his game.

The Raiders will rely on their secondary to set the tone for them on defense this year, but the front seven must get pressure on the quarterback. No secondary can be expected to hold up in coverage for long periods of time, so it’ll be up to Derrick Burgess, Gerard Warren and Tommy Kelly to get a good push off the line. Still, it’ll be fun to watch Oakland defend the pass this year with so many talented players in the secondary.