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If everyone already mentioned is off the board and you still need your starter, well, you're pretty much done for. But there are still some players worth drafting as spot starters or utility players and if things break right for these guys you could be looking at low end starter value.
Players like Adam Dunn, Kevin Youkilis, Adam LaRoche, Michael Cuddyer, Brandon Belt, Ryan Howard, Yonder Alonso, Michael Young and Justin Morneau should all be available in the later rounds on draft day, unless somebody reaches for them based on name value.
I actually like Young to a degree, but he's eligible all over the infield and holds more value as a second baseman.
Dunn bounced back in a major way last year with 41 home runs, but his batting average isn't likely to surpass .220. Still, the Big Donkey hits bombs and walks a ton, so if you need power and play in a format where all his strikeouts won't hurt you then he's worth scooping up.
Cuddyer, Howard and Morneau have all seen better days, and I don't see any of them being much more than low-end utility players. If they get hot for a stretch they could make for decent short-term options, just don't get too attached unless you're in a deep league.
Youkilis could actually end up as the Yankees full time third baseman with A-Rod's season reportedly in jeopardy and the team also looking to void his Titanic contract. He has injury concerns of his own and has declined steeply in the last two years, but he's worth taking a mid-to-late round flier on in case he has one last productive season in him.
LaRoche garnered a lot of attention this offseason as a free agent, but at age 33 his upside has gone the way of the dodo. His 33 home runs and 100 RBI in 2012 were both career highs, which he's unlikely to repeat as he enters his mid 30's.
Look for another campaign of roughly 25 home runs and 90 RBI, with a batting average in the neighborhood of .275, making him an affordable utility option, but not somebody I'd want at first base outside of ultra-deep leagues.