The market for James Shields has crumbled, leaving rival agents to suggest that the veteran right-hander accept a lesser contract.

"Rival agents are now saying that if Shields has a good three-year offer, perhaps with some kind of vesting option for a fourth year, that would be something that should be seriously considered," writes Buster Olney.

It was reported several weeks ago that Shields had a $110 million offer in hand.