Top 5 Worst NBA Player Contracts

By Evan Caulfield on July 4, 2014

Top 5 Worst NBA Player Contracts

Would you spend $5.00 on an apple pie from McDonalds? How about $20,000 on a rusted up Volvo from the 1990’s? I could keep throwing out silly analogies left and right, but by now you’re getting the jist of what I’m trying to articulate.

NO ONE LIKES TO OVERPAY FOR THINGS!

The same can be said about NBA owners, other than the fact that instead of overpaying with what’s considered to them as meaningless change, they’re spending millions of dollars on an athlete that was supposed to be the savior of their franchise.

Just a heads up but in no shape or form am I trying to justify an owner’s mistake to shell out too much money. To be frank, it’s not the player’s fault at all. Just put yourself in their shoes.

Imagine you’re offered the same kind of dough superstars like Kobe Bryant and Carmelo Anthony make, even though your stats suggest you deserve a far less amount.

Would you honestly turn it down?

(For those of you claiming you would, please click this link)

Unfortunately once a player accepts this contract, they now face scrutiny from both the media and fans alike. But that’s the ultimate price for accepting an egregious deal.

And as a member of the media, it’s my duty to report on agreements like these, bringing to light those players that clearly shouldn’t have been offered these large sums of money in the first place.

So without further ado, here’s our list of the top 5 worst NBA player contracts heading into the 2014-2015 season. Warning Knicks and Nets fans, you may not want to read on.

5. Joe Johnson, Brooklyn Nets: two years, $48,075,653

Stats: 15.8 PPG, 2.7 APG, 3.4 RPG, 45.4 FG%

Johnson is a very talented two-guard, but nowhere worth $23 million a season. Currently he makes more money than superstars like Dwight Howard, Chris Paul, Kevin Durant, Blake Griffin and Kevin Love.

 

4. Eric Gordon, New Orleans Pelicans: two years, $30,412,969

Stats: 15.4 PPG, 3.3 APG, 2.1 TPG, 43.6 FG%

What hurts more than Gordon’s awful contract is the fact that he doesn’t even want to play in the city of New Orleans. Throw in the fact that the oft-injured guard’s stats have continually gone in a downward trend and you start to wonder why the Pelicans bothered matching that offer sheet.

 

3. Andrea Bargnani, New York Knicks: 1 year, $12,000,000

Stats: 13.3 PPG, 5.3 RPG, 44.2 FG%, 27.8 3FG%

The former No. 1 overall pick back in 2006 has failed to live up to his lofty expectations, regressing for the last 3 seasons. Why the Knicks chose to give up a first round pick and two second rounders for this guy is still beyond me.

 

2. Gerald Wallace, Boston Celtics: 2 years, $20,211,710

Stats: 5.1 PPG, 3.7 RPG, 1.7 TPG, 29.7 3FG%

The human didgeridoo continues to take up a huge chunk of cap space, banking over $10 million a season just to ride the bench and constantly criticize his young teammates.

 

1. Amar’e Stoudemire, New York Knicks: 1 year, $21,679,893

Stats: 11.9 PPG, 4.9 REB, 22.6 MPG

Back in 2010 ‘S.T.A.T.’ was drawing some consideration for the MVP award, receiving a few votes after an impressive first season with the Knicks. Fast forward to now and the 6-time All-Star can’t even play over 25 minutes a game, as knee issues have continually derailed his once legendary career.

Agree or disagree? Hit me up on Twitter @fieldhoops and lets talk sports!

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