litangel - this is nothing new. Every auction I've ever been in somebody blows all their cash early and has to sit back and wait until the end of the auction to fill out their rosters. That's part of the strategy - financial management. Just as in a standard $80 mil league, you can never afford all the players you would want, in an auction, you may not be able to bid on all the players you want simply because you've run out of cash too soon.
Believe it or not, all the $8 and $9 mill hitters and most of the pitchers will find teams, and so too will most if not all the $7 mill hitters, though not so many of the pitchers.