Unocal Posted August 16, 2014 Share Posted August 16, 2014 We hear so much about bad contracts doled out to players in sports, but what makes some contracts as bad as some make it out to be? Is it the money? The amount of years? The production before and after? The team that signs him? Player production? Cap hit? Some contracts that have been considered the worst are not the ones for milions and millions. Jerome James' Knicks contract is considered all-time bad even thought it isn't as hefty as, say, Gilbert Arenas. Link to comment Share on other sites More sharing options...
Shmee Posted August 16, 2014 Share Posted August 16, 2014 There are two factors that make a bad contract bad, and they're both the results of collective bargaining: salary caps and roster limits. Each one creates scarcity: you can't have too many guys on the roster, and you can't pay the team too much money as a unit. A contract becomes "bad" when the value or time promised to the player precludes a team from bringing in better replacement talent. A contra asset, if you will. The world's foremost practitioners of professional tag-team wrestling. Link to comment Share on other sites More sharing options...
McCall Posted August 17, 2014 Share Posted August 17, 2014 A bad contract is a high priced, high number of years that's hard to move for a player playing at a far lesser level than the value of said contract. https://dribbble.com/MakaioCall Link to comment Share on other sites More sharing options...
kewp80 Posted August 17, 2014 Share Posted August 17, 2014 There are two factors that make a bad contract bad, and they're both the results of collective bargaining: salary caps and roster limits. Each one creates scarcity: you can't have too many guys on the roster, and you can't pay the team too much money as a unit. A contract becomes "bad" when the value or time promised to the player precludes a team from bringing in better replacement talent. A contra asset, if you will.And it gets even more complicated than that in the MLB with the way waivers and compensation works, and signing bonuses... and international players. And hell what about soccer where you don't really have those restrictions, and loans. I feel it really differentiates between sports. Cardinals -- Rams -- Blues -- Tigers -- Liverpool Check out my music! Link to comment Share on other sites More sharing options...
wonderbread Posted August 17, 2014 Share Posted August 17, 2014 A bad contract is a high priced, high number of years that's hard to move for a player playing at a far lesser level than the value of said contract.with lots of guaranteed money Link to comment Share on other sites More sharing options...
Sanic Posted August 17, 2014 Share Posted August 17, 2014 The best example of this is the Luongo contract.12yrs, 64m.This is the main reason of the goalie fiasco and both Luongo and Schneider leaving in 8 months apart. Link to comment Share on other sites More sharing options...
DCarp1231 Posted August 17, 2014 Share Posted August 17, 2014 The best example of what makes a contract HORRIBLE:7 years/ $100 MillionCan you guess who? Link to comment Share on other sites More sharing options...
Evil G Posted August 17, 2014 Share Posted August 17, 2014 The best example of what makes a contract HORRIBLE:7 years/ $100 MillionCan you guess who?Albert Haynesworth. Bruh check out my last.fm And my Rate Your Music Fantasy Teams: Seattle Spacemen (CFA) Signature credit to Silent Wind of Doom Link to comment Share on other sites More sharing options...
Cosmic Posted August 17, 2014 Share Posted August 17, 2014 The best example of this is the Luongo contract.12yrs, 64m.This is the main reason of the goalie fiasco and both Luongo and Schneider leaving in 8 months apart.Who got better value for their contract? Luongo is a good goalie who loses his head in the playoffs.For your consideration, I submit Rick DiPietro: 15 years, $67.5M Link to comment Share on other sites More sharing options...
Unocal Posted August 17, 2014 Author Share Posted August 17, 2014 The DiPietro one was horrendous and hilarious. If you offered him half of that- say, 7 years and 31.5 million- would it be as bad? Link to comment Share on other sites More sharing options...
Lights Out Posted August 17, 2014 Share Posted August 17, 2014 Too much money and cap space tied up in a bad, old and/or overrated player, preventing the team from improving for the duration of the contract. I feel like bad contracts' effects are most pronounced in basketball where all the contracts are guaranteed, and least pronounced in football where the reported dollar amount when signed has become almost entirely meaningless. POTD: 2/4/12 3/4/12 Link to comment Share on other sites More sharing options...
Cosmic Posted August 17, 2014 Share Posted August 17, 2014 The DiPietro one was horrendous and hilarious.If you offered him half of that- say, 7 years and 31.5 million- would it be as bad?Well... yes. It would still probably have been the worst goalie contract ever. It was signed either after or during a season in which he had a GAA over 3.00 (think about that... signing a goalie to a 15 year contract with a GAA over 3.00!) It would have ended after the lockout-shortened season. He played 175 games, so his salary would have come out to $180,000 per game. If you paid a goalie that rate for an average 60 start season, it would be a $10.8M annual salary. Link to comment Share on other sites More sharing options...
crashcarson15 Posted August 17, 2014 Share Posted August 17, 2014 There are two factors that make a bad contract bad, and they're both the results of collective bargaining: salary caps and roster limits. Each one creates scarcity: you can't have too many guys on the roster, and you can't pay the team too much money as a unit. A contract becomes "bad" when the value or time promised to the player precludes a team from bringing in better replacement talent. A contra asset, if you will.And it gets even more complicated than that in the MLB with the way waivers and compensation works, and signing bonuses... and international players. And hell what about soccer where you don't really have those restrictions, and loans. I feel it really differentiates between sports.Yeah, soccer is entirely different. You're a lot more likely to have bad transfer fees than bad contracts.Then again, we've had our fair share of issues getting rid of guys on high wages at Villa but your issues more come if you buy a guy for £20 million in the prime of his career who you can't sell for more than £5 million a few years later.The whole transfer fee thing is what doomed Villa a few years back—under Martin O'Neill, Villa pretty much exclusively bought players that they wouldn't be able to get anything for in a few years. When you're not earning money from selling your players, it's tough to push forward. Link to comment Share on other sites More sharing options...
BBTV Posted August 17, 2014 Share Posted August 17, 2014 No-trade clauses, player (and even club options) make bad contracts worse because it's so hard to move a player. The phillies were willing to eat a ton of money, but couldn't move players because they wanted kickers to wave no trades, or wanted options to be guaranteed, or teams wanted players to waive their option rights. Things like that are just as bad as too much money - even worse, since you can always but your way it of a financial mistake. "The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed." Link to comment Share on other sites More sharing options...
NJTank Posted August 19, 2014 Share Posted August 19, 2014 I think the best way to determione a bad contract is when the contract and high salary outlast the players ability. www.sportsecyclopedia.com For the best in sports history go to the Sports E-Cyclopedia at http://www.sportsecyclopedia.com Link to comment Share on other sites More sharing options...
DCarp1231 Posted August 19, 2014 Share Posted August 19, 2014 I think the best way to determione a bad contract is when the contract and high salary outlast the players ability. Prime example is Albert Haynesworth Link to comment Share on other sites More sharing options...
tBBP Posted August 25, 2014 Share Posted August 25, 2014 Better example: Bobby Bonilla. *Disclaimer: I am not an authoritative expert on stuff...I just do a lot of reading and research and keep in close connect with a bunch of people who are authoritative experts on stuff. || dribbble || Behance || Link to comment Share on other sites More sharing options...
McCall Posted August 25, 2014 Share Posted August 25, 2014 Better example: Bobby Bonilla.The gift that keeps on getting. https://dribbble.com/MakaioCall Link to comment Share on other sites More sharing options...
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