For those worried about signing Ian Kennedy, the Royals pick him up for 5/$70M with an opt-out clause after 2 seasons. He'll be reunited with a former pitching coach with the Royals, so seems like a good deal for him.
Also, this morning, the biggest available FA bat has been signed, with Davis going back to Baltimore on a 7/$161M deal. He'll get a full no-trade clause, as well.