I also agree tough story, and reality is this is recruiting reality. This happens all of the time.
Don't have your son take an offer just to take one, he has time, he doesn't have to sign or commit in the early signing period.
Your son was a B or C recruit to this coach, he had most likely given the others an ultimatum and this is the result. Just remember that they do this hundreds of times and some of us once or twice.
TPM, I get conflicting information on there is time. I keep being told the money is gone or almost gone, then I keep being told there is time. I do know a couple of his friends that are a year older that signed in mid spring to play at a D1, but very few. If you are talking about D2 and 3, yes there is time. But I am not sure about D1. Any insight would be great.
He might be a D2/3 player. He keeps being told he is definitlely D1 pitcher by prospect camps, etc (RHP sits 84-88, has hit 90 several times, up to 93 once that I know of. these are all documented by somebody else, not a Dad mph 
). So we (he and his Dad- me) are confused.
Money becomes available in the spring. Drop outs of program, ineligible, transfer out, draft, commit changes mind, etc.
Why are parents and players so down on other programs, D2,D3, NAIA? Do they feel that D1 will prepare them more for the next level (which most likely may not happen)?
Folks, take a good look at D1 rosters these days, there usually are not too many seniors left, ever wonder why?
If your son wants to play baseball beyond HS, he has to be able to consider all options.
Whatever, NEVER settle! Your son will know when the time is right, and not just because everyone else is committing!
Hitting 93 doesn't necessarily make one a D1 player. Pitchers getting offers for top programs can throw successfully 4-5 pitches for strikes (at their HS level). They may not use them all later on but the coach determines that and builds upon what he feels the pitchers strength is.
I think some parents feel that D1 is a status .. and it is to a degree, but not every D1 player is going to sign a contract.... I think Parents want D1 for other reasons than baseball, such as big campus life, football games, tv espn, the whole exp.
Not really thinking about the important things.