Let’s confront it, when you sign a fresh player, it’s kind of like rolling dice. You hit the jackpot and can sign a comparative unknown. Your new player could be the next Michael Jordan. On the other hand, you could spend a bundle on an excessively hyped player who does’t live up to expectations. It’s a risk. But every team has to play. So you hope for the best and take chances. This list of worst contracts in the NBA is a reminder which you occasionally end up with the short end of the stick.
If you’re a high ranking executive with a professional basketball team, this list will probably give you a terrible case of heart burn. On the other hand, if you’re simply scouting for new talent, or new to contract discussions, this list is an excellent place to begin your instruction.
1989 – 6 years, $13M
Okay, $13 million does’t look like much by now’s standards that are inflated. But back in 1989, it was considered a tremendous amount. The truth is, Koncak, a 7’0â³ centre, was really getting paid more that year than Mr. Michael Jordan, Magic Johnson, and Larry Bird. Silly? Absolutely! But according to Koncak, it was warranted. He said “The league is transforming. I believe perhaps this is only the beginning.” Obviously, Koncak never lived up to the hoopla. Hey, Hawks, what you thought?