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Old 10-05-2011, 05:08 AM   #1
yachties23
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Default Re: Worst contract in pro sports

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Bobby Bonilla - The Mets traded him to Baltimore in 1995. In 2000, we learned the Mets agreed to pay out the remainder of Bonilla's contract by deferring the $5.9 million that he was due. The Mets will pay him 25 equal payments of $1,193,248.20 every July 1 from 2011 until 2035, assuming an annual interest rate of 8% during the period 2011-2035.

You got to give Bonilla credit for accepting one of the best retirement programs ever! LOL

The absolute worst I think - Mike Hampton, Pitcher for Colorado $121 mil for 8 years.
Was traded in 2001 to Colorado... at Coors Field he went 21-28 with a 5.75 ERA over two seasons before being dealt to the Marlins then Braves with a last year ERA of 6.15. Had a couple decent years but then injuries hit him hard. The Rockies were still on the hook for his salary and then $6 million buyout in 2009.
Honestly the Bonilla thing is a joke. How do they not just pay him the 6 million? I know the Wilpons are cheap, but they literally are paying him 400 percent of what he was owed. When I first heard about that I was like no way, than thought, oh yeah the Wilpons would do something that stupid. Only my mets....
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Old 10-05-2011, 04:44 AM   #2
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Default Re: Worst contract in pro sports

I'm going with Baseballs first $100 million man
Kevin Brown
7 Years $105 million for a 34 year old pitcher
I couldn't find particulars but if I remember, there were a lot of fringe benefits built in as well.
Unlimited use of a private jet, and the largest suite in a hotel, ETC...
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Old 10-05-2011, 05:19 AM   #3
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Default Re: Worst contract in pro sports

Albert Hanesworth
(Or any other big contract the Redskind have signed in the last few years)!

After the 2008 season, the Redskins signed Haynesworth to a seven-year, $100 million deal. Since then, he's been suspended by the team, failed a physical, been in a war with Mike Shanahan, and did not come close to being the defender he was in Tennessee.

You could argue that lasting more than one season makes this not as bad as McNabb or Sanders, but when you factor in on-field issues, off-field issues, and an inability to get in shape, he should have never come close to a $100 million deal.

The only thing I know for sure about the Redskins is we will not lose this week!
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Old 10-05-2011, 11:22 AM   #4
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Default Re: Worst contract in pro sports

Forbes just had an article on the most overrpaid player in sports. The answer:

MARK SANCHEZ
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Old 10-05-2011, 12:54 PM   #5
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Default Re: Worst contract in pro sports

I'm pretty sure that the Pittsburgh Pirates are still paying on Mike LaValliere's contract from back in '87.
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Old 10-05-2011, 03:52 PM   #6
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Default Re: Worst contract in pro sports

I have no idea which contract is the absolute worst, but there's one point about A-Rod many seem to overlook: It was the Rangers, not the Yankees, who first signed him to a monster deal, and it was also the Rangers who ate much of it when he came to The Bronx.
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Old 10-05-2011, 04:26 PM   #7
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Default Re: Worst contract in pro sports

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I have no idea which contract is the absolute worst, but there's one point about A-Rod many seem to overlook: It was the Rangers, not the Yankees, who first signed him to a monster deal, and it was also the Rangers who ate much of it when he came to The Bronx.
But when he opted out who extended him for 10 years? Honestly the first contract wasn't so bad, it would be expiring now, and maybe he had 1 or 2 below average years, and won like what 3 MVP awards during the span of that contract, and not one since the extension. The Yankees were bidding against themselves and still have 6 more years left on this deal @ like 25 million a season.

If you get the MVP of the league who hits 40 plus homers, drives in 110 runs, hits .300 plays a solid 3rd base, 25 million a year isn't so bad by baseball standards. If you get a guy who is 40, coming off hip surgery, and not anywhere near as productive as he used to be, oh and you have 6 more years to pay him, than that is a bad contract.

Oh by the way, Kei Igawa is another one that just baffles my mind.
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Old 10-05-2011, 04:47 PM   #8
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Default Re: Worst contract in pro sports

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But when he opted out who extended him for 10 years? Honestly the first contract wasn't so bad, it would be expiring now, and maybe he had 1 or 2 below average years, and won like what 3 MVP awards during the span of that contract, and not one since the extension. The Yankees were bidding against themselves and still have 6 more years left on this deal @ like 25 million a season.

If you get the MVP of the league who hits 40 plus homers, drives in 110 runs, hits .300 plays a solid 3rd base, 25 million a year isn't so bad by baseball standards. If you get a guy who is 40, coming off hip surgery, and not anywhere near as productive as he used to be, oh and you have 6 more years to pay him, than that is a bad contract.

Oh by the way, Kei Igawa is another one that just baffles my mind.
When you look at the ARod contract it hasn't run it's course, so it's hard to call it bad.
You are assuming he's done, but that may or may not be the case.
Granted I don't think he'll ever hit 50 hr with 135rbi again, but 30 100 is not unreasonable for a healthy ARod!
And that's only the on field aspect of the deal
If you start to consider other factors, it gets better.
First off, merchandising.
All those #13 tshirts and jerseys you see, the yanks get a big piece of that.
You also have to consider the ratings bonanza hr # 600 was and how big # 700,715,756 and 763 will be.
Not to mention all the additional memorabilia they will sell in relation to the chase.
Ticket sales, Gate revenue both home and away and brand exposure all go up when Arod is on the team.

For the Yanks, Arod is not a player, he's a commodity!
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Old 10-05-2011, 05:08 PM   #9
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Default Re: Worst contract in pro sports

Good points Dom. You are absolutely right, he is a commodity, and worth more to the Yankees than just his on the field numbers.

I didn't say it was the worst contract, I just think its quite a bit of money to give to a guy at 40+
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Old 10-06-2011, 10:04 AM   #10
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Default Re: Worst contract in pro sports

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Originally Posted by jonumberone View Post
When you look at the ARod contract it hasn't run it's course, so it's hard to call it bad.
You are assuming he's done, but that may or may not be the case.
Granted I don't think he'll ever hit 50 hr with 135rbi again, but 30 100 is not unreasonable for a healthy ARod!
And that's only the on field aspect of the deal
If you start to consider other factors, it gets better.
First off, merchandising.
All those #13 tshirts and jerseys you see, the yanks get a big piece of that.
You also have to consider the ratings bonanza hr # 600 was and how big # 700,715,756 and 763 will be.
Not to mention all the additional memorabilia they will sell in relation to the chase.
Ticket sales, Gate revenue both home and away and brand exposure all go up when Arod is on the team.

For the Yanks, Arod is not a player, he's a commodity!
Yeah, because people weren't going to watch the Yankees play without A-Rod...
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Old 10-05-2011, 04:42 PM   #11
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Default Re: Worst contract in pro sports

AJ Burnett @ 5 years, 82.5 million.. dude is a scrub.. this is just off the top of my head

this thread is pretty cool.. i will have to dig a little deeper
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Old 10-05-2011, 05:10 PM   #12
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Default Re: Worst contract in pro sports

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AJ Burnett @ 5 years, 82.5 million.. dude is a scrub.. this is just off the top of my head
Kicked my Tigers' asses last night.
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Old 10-09-2011, 02:49 PM   #13
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Default Re: Worst contract in pro sports

Scott Gomez for the Montreal Canadiens. What a useless player. Not only can't he score, but he even blocks shots from going in.
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Old 10-09-2011, 04:30 PM   #14
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Default Re: Worst contract in pro sports

Grant hill for the magic. 96 mil to be injured for 3 seasons. Great investment
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