First off, let me say that I like Grigson and he did some excellent things last year. That being said, I REALLY don't like Grigson's approach to free agency, both this year and last. Everyone keeps saying Grigson has earned the right to have us trust him, but this is only half correct.
Where he has earned our trust is in the draft, but that is no surprise considering he was a former scout. He has was poor last year in FA, handing out a number of poor contracts to poor players in Satale, Zibs, and McGlynn. He seems to not understand value, and his scouting nature comes out too often in FA, where you must overpay for jumping on a player too soon.
First, good GMs (Ozzie, Ted Thompson, etc) never SET the market with mid tier players at deep positions. It just doesn't happen. Second, you never pay someone based on what you think their potential can be. You sign them for their potential, but pay them based mostly on history, just like you would as an investment firm (ie. what they are currently worth vs. what they think they will be worth in 5 years). The problem with what they have done is that they now NEED each of these players to play extremely well to live up to their contract - there is very little potential for any of them to outperform their contract. In the NFL, that is setting yourself up for failure.
If we were taking money out of the equation, I like these moves, as they shored up areas of need and allow us to go for BPA in the draft. However, as previously stated, money is a huge part of it.
In Grigson we trust (at the draft). His FA skills so far leave a lot desired.