Top 10 Worst Contracts in NBA History

Publish date: 2024-06-01

The NBA has seen its fair share of lucrative contracts throughout the years, but not all of them have panned out as expected.

From long-term deals for underperforming players to contracts that severely hampered a team's financial flexibility, here are the top 10 worst contracts in NBA history.

1. Gilbert Arenas - 6 Years, $111 million

Gilbert Arenas signed a mammoth six-year, $111 million contract with the Washington Wizards in 2008.

Unfortunately, injuries and off-court issues limited his playing time and effectiveness, making this deal one of the most regrettable in NBA history.

2. Joe Johnson - 6 Years, $123.7 million

In 2010, Joe Johnson inked a six-year, $123.7 million deal with the Atlanta Hawks.

While Johnson was a solid player, his contract became an albatross for the team, hindering their ability to make significant roster improvements.

3. Rashard Lewis - 6 Years, $118 million

Rashard Lewis's six-year, $118 million contract with the Orlando Magic in 2007 raised eyebrows across the league.

Despite being a talented forward, Lewis failed to live up to the massive contract, making it a costly mistake for the Magic.

4. Allan Houston - 6 Years, $100 million

Allan Houston's six-year, $100 million deal with the New York Knicks in 2001 was one of the NBA's first exorbitant contracts.

Unfortunately, injuries derailed Houston's career, and the Knicks suffered from his reduced on-court contributions.

5. Chandler Parsons - 4 Years, $94.4 million

Chandler Parsons signed a four-year, $94.4 million contract with the Memphis Grizzlies in 2016.

Persistent knee injuries severely limited Parsons' playing time, turning this deal into a significant burden for the Grizzlies.

6. Joakim Noah - 4 Years, $72.6 million

The New York Knicks signed Joakim Noah to a four-year, $72.6 million contract in 2016.

Noah's tenure with the Knicks was marred by injuries and declining performance, making this deal one of the most regrettable in recent memory.

7. Luol Deng - 4 Years, $72 million

In 2016, the Los Angeles Lakers signed Luol Deng to a four-year, $72 million contract. Deng's productivity declined sharply, and the Lakers struggled to find a trade partner due to the unwieldy nature of the deal.

8. Nicolas Batum - 5 Years, $120 million

Nicolas Batum's five-year, $120 million contract with the Charlotte Hornets in 2016 raised eyebrows due to its sheer size.

Batum's on-court impact didn't justify the exorbitant salary, making it one of the worst contracts in recent years.

9. Timofey Mozgov - 4 Years, $64 million

The Los Angeles Lakers signed Timofey Mozgov to a four-year, $64 million contract in 2016.

Mozgov's limited contribution and the emergence of younger, more promising players made this deal an expensive misstep for the Lakers.

10. Ian Mahinmi - 4 Years, $64 million

Ian Mahinmi's four-year, $64 million deal with the Washington Wizards in 2016 rounds out the list of worst contracts.

Mahinmi's lack of impact on the court made this deal an overpayment that hampered the team's financial flexibility.

 

The NBA has seen numerous regrettable contracts that have adversely affected teams' competitiveness and financial stability.

While some deals were the result of overestimating a player's potential, others were marred by injuries and declining performance.

These contracts serve as cautionary tales for teams navigating the complex landscape of player acquisitions and contract negotiations in the NBA.

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