The new NBA CBA allows teams to overpay for pretty much every single guy that’s set to become a free agent, either lure them away from their current teams or to keep them for as long as they can in their rosters as key pieces of their projects.
Nonetheless, even if sometimes they wind up getting huge steals out of those contracts (like the one Stephen Curry had before stamping his signature on that incredible 201 million deal), most of the time those big contracts wind up being just a bad investment.
And with the salary cap rising and rising on a yearly basis, it’s getting more and more common to see guys that are not durable and/or good enough get handed that absurd amounts of money, and they end up trying to dump their contracts or even amnesty or buy them out.
So today, we’re going to let you know about 5 guys that got way way way more than they deserved during this offseason and congrats to their agents for stealing from the pockets of some of the wealthiest guys on earth.
5. Jrue Holiday
Holiday just signed a 5-year 126 million deal to stay put with the New Orleans Pelicans, a team that have really trusted his future on him and that was very supportive when he had to step aside to take care of his wife and daughter.
Of course, with not so many All-Star caliber point guards out there, this was probably the go-to-move for them, but considering this guy has missed over 150 games throughout his 8 year career (And even 15 the prior season), it would be really hard to hand him that much money, especially considering his career averages of 14.3 points and 6.3 assists.
4. Tim Hardaway Jr.
This guy just agreed to go back to the very same team that dumped him and sent him to the doghouse to struggle to get some actual playing time and try to prove his value, having a very strong finish of the season to land that 4-year 71 million deal.
Still, during his couple of seasons as a member of the Knicks, his averages of 10.8 points, 1.8 boards and 1.3 assists on 40% from the field were way less than impressive, and it’s pretty safe to say that the only similar’s between this guy and his father is the name they have.
3. Tony Snell
Snell showed a bit of glance of greatness a couple of seasons ago when he had to step up when Jimmy Butler fell down with an injury, but since then it’s all been downhill for the former Chicago Bull and current member of the Milwaukee Bucks.
Of course, he had some pretty decent outings this prior season, but considering how little touches he’s going to get on an offense featuring the Greek Freak, Jabari Parker and Khris Middleton, it feel 46 million dollars over 4 years for a guy that’s never been a consistent scorer or defender is just a lot of money.
2. Kelly Olynyk
Olynyk looked poised for stardom after completely dominating during the early going in the Summer League and preseason, but his development quite stalled and he was never that consistent scorer from beyond the arc the Celtics hoped he would grow into.
So, Erik Spoelstra’s keen to make him a stretch four and bring some firepower to the Heat, offer him 50-million through 4 years, something that wouldn’t be so bad if it wasn’t for the fact that the Canadian has been a horrid defender, a mediocre rebounder and even earned a reputation for being a dirty player.
1. Danilo Gallinari
The Italian forward is an extremely gifted offensive player and that’s something that you just can’t deny, but considering how injury prone he’s been since coming into the Association, you’d be nuts to offer him a long term deal or even a lot of cash for just one year.
Nonetheless, Doc Rivers opted for him as a high risk - high reward pickup to pair with Blake Griffin on the verge of the post Chris Paul era, finishing a sign and trade with the Denver Nuggets worth 65-million over a 3 year span for a guy that’s used to miss half of the season with constant nagging pains.