The NBA’s 68 worst contracts

The economy is really starting to take its toll on professional sports, and the NBA is no different. Bad contracts are bad even when the economy is pumping, but they really stand out in tough times like these. So I decided to look through the payrolls team-by-team to try to identify the worst contracts in the NBA. I expected to list 15-20 names, but I ended up scribbling down 68. That’s right, there are no fewer than 68 bad contracts in the NBA.

I didn’t include any of the players that are in the final year of their contracts because…well, what’s the point? They’ll be off the books in a few months anyway. Instead, I wanted to focus on those contracts that are going to haunt teams for years to come, so to be eligible, players have to have at least a year left on their current deals.

It’s tough to compare someone making superstar money to an average, everyday role player, so I split these 68 contracts up into three groups: the Overpaid Role Players, the Not-So-Super Stars and the Injury-Prones. I will rank them from least-worst to most-worst with the thinking that I wouldn’t trade the player for anyone further down the list but I would trade him for anyone previously mentioned. So, for example, if a guy is listed #7 within a particular group, I’m not trading him for anyone ranked #6-#1, but I would think seriously about moving him for a guy that is ranked #8+.

So let’s start with the role players and go from there…

(Note: In most cases, I don’t blame the player himself for his outrageous contract. The fault lies with the general manager that inked the guy to the deal. However, this rule goes out the window if the player has a history of only producing in his contract year – I’m looking at you, Tim Thomas.)


Read the rest after the jump...

What are the Knicks going to do with David Lee?

During a chat yesterday, Chad Ford had this to say about David Lee:

Donnie Walsh is trying to find a home for Eddy Curry or Jared Jeffries that frees up some cap space so that he can re-sign Lee. It sounds like that’s close to Mission Impossible, though I said the same thing about Zach Randolph this summer. If he can do that, I think Lee stays. If he can’t, he’d be smart to get something now instead of losing him in the summer. There is LOTS of interest in Lee both now and in the summer. He’s one of the few restricted free agents teams think they can steal away because of the Knicks cap situation.

Let’s be clear — the Knicks don’t have to trade anyone away to re-sign Lee. Ford is talking about clearing cap space so that the franchise doesn’t have to pay a luxury tax next season. They are currently on the hook for $69.3 million and that doesn’t count new contracts for Lee or Nate Robinson. With the the luxury tax threshold unlikely to change much from this season ($71 million), Walsh would need to move a contract or two to clear space for signing Lee and/or Robinson. Lee is the priority because he’s such a good fit in Mike D’Antoni’s up tempo attack. He is averaging 16.0 points and 11.7 rebounds per game, and is shooting almost 57% from the field.

Eddy Curry will make $21.7 million over the next two seasons but has only appeared in one game this season. The Knicks desperately need to get him some minutes if they hope to trade him before the Feb. 19 deadline. Jeffries is getting some minutes, but he has been horribly unproductive (PER: 7.39), though he was never much of a stat guy.

The bottom line is that if the Knicks want to re-sign Lee, they can. Their projected payroll goes down to $18.2 million for the 2010 season, so they would only take the luxury tax hit for one season if they chose to sign Lee to a multi-year deal (or matched another team’s offer this summer, when he becomes a restricted free agent).

What’s he worth? I’d say his play this season has put him into the range of $10-$11 million per season. I’d be careful not to pay too much more, because right now he’s putting up great numbers on a bad team that plays at a blistering pace.

Jeff Van Gundy to stay in the booth…for now

Jeff Van Gundy says that he isn’t going to return to coaching for the foreseeable future.

“Without question, I miss coaching,” Van Gundy said. “I miss the competitiveness, the camaraderie there is no doubt about that. With that being said. I’m just happier with what I am doing.”

He wasn’t afraid to criticize a couple of players in the same interview.

Van Gundy was mostly complimentary of the Knicks’ new regime during an interview for Friday’s NYP TV Sports, but did criticize a couple of players who are weighing down the team’s future.

“Where as Isiah Thomas believed in the post offense, Mike D’Antoni has a much different style, obviously and has little use for [Eddy] Curry,” Van Gundy, who turned 47 yesterday, said.

“Here you have a guy that has a bad heart and a big contract and he would be very hard to move to another team, whose plan he would fit into. And Jerome James Jerome James , I don’t know whose plan he would fit into. And they also drag down your work ethic. You have guys that are out of shape it’s a drag on your team. Because what’s that saying to the other players is that they don’t care as much about the team.”

Van Gundy has developed into one of the top color commentators in all of basketball. I don’t have much use for Mark Jackson, but Van Gundy is knowledgeable and self-deprecating, and along with Mike Breen, the trio makes for good announcing. Van Gundy and Jackson tease each other and argue about hoops, while Breen plays the straight guy. It works.

That said, I’d like to see what Van Gundy could do with a few of the teams on the cusp of success. His brother, Stan Van Gundy, is the frontrunner for Coach of the Year honors with what he’s doing in Orlando, and I think Jeff would have similar success.

Blogging the Bloggers: Tuesday

- THE WORLD OF ISAAC has video of the Michigan State game where Tom Izzo was mic’ed up, and someone apparently forgot to hit the “bleep” button. The site also has a list of the 11 Hottest Sports Movie Tomboys, which includes the delectable Kate Bosworth from “Blue Crush” (right).

- In light of the Cardinals/Eagles tilt this Sunday, DEADSPIN provides an informative FAQ for those of us that have been ignoring the Cards all these years.

- TONYBLOGS brings us the bizarre story (and that’s an understatement) of the (male) limo driver (and convicted burglar) that brought sexual harassment charges against Eddy Curry.

- SHUTDOWN CORNER examines the coaching record of Tony Dungy’s successor, Jim Caldwell. Not pretty.

- Remember the video of Chris Berman’s temper tantrum? Well, DEADSPIN has a photo of Berman showing up late to the “Sunday NFL Countdown” set. Way to walk the walk, Chris!

- FSU free safety Myron Rolle is a smart, smart man. He is a Rhodes Scholar and intends to forgo the NFL Draft (where he is projected to be drafted in the first round) and instead attend Oxford University — that’s right, the Oxford University — for a year before entering the draft in 2010. SPORTSbyBROOKS has all the details.

Concerns over Mobley’s heart condition holding up Randolph trade

Zach Randolph has joined the Clippers, but he can’t play until Cuttino Mobley sees a heart specialist.

The source said Mobley would see a heart specialist on Tuesday.

When asked about ESPN.com’s report by reporters after the Clippers game on Monday, coach Mike Dunleavy said: “From the standpoint of Cuttino’s concern, there’s nothing they have or don’t have that hasn’t been known to us or hasn’t been approved by us and all the other teams he’s played for. Neither one of those guys has had any issues with any of the things that are even being talked about.

“All I know is that if Cuttino has anything, he’s been asymptomatic,” Dunleavy said. “He’s never had any issue with us. There’s never been one time that he missed a practice or missed a game or had any issues in any physical of any kind for us. I mean, I’ve been told by our doctors that the things that are under concern is not something that we haven’t known about or have had any issues with. So hopefully, it won’t be an issue.”

Another source told ESPN.com that Mobley’s condition has been present throughout his career and has never been a grave concern, although the Knicks were prudent in their diligence.

On the surface it would be hard to imagine the Knicks wanting to void the trade because they achieved their goal of clearing Randolph’s contract (which carried two more years and $33.3 million after this season).

No disrespect to Cuttino Mobley, but why would the Knicks even care if he has a heart condition? This trade is mostly a salary dump, though there is the possibility that Mobley and Tim Thomas may see some minutes this season. But really, if Mobley weren’t able to play, would the Knicks really take Randolph (and his salary) back?

If your goal is to free up cap space to make a run at LeBron James in 2010, and you’ve successfully found a sucker to take on Zach Randolph’s contract, then why would you jeopardize it by holding up the deal?

Click here for an in-depth analysis of how the Randolph trade affects the Knicks’ future salary cap flexibility.

For Knicks, Randolph trade is all about 2010

GM Donnie Walsh has pulled the trigger on another trade. After trading Jamal Crawford for Al Harrington, Walsh sent Zach Randolph and Mardy Collins to the Los Angeles Clippers for Cuttino Mobley and Tim Thomas. The Knicks have long been looking to rid themselves of Randolph and his fat contract (which runs an additional two seasons at the tune of $33 M), even going so far as to “feature” the forward this season, allowing him to post near-career numbers (20.5 points, 12.4 rebounds), despite shooting just 43% from the field. If there are any Knicks fans wondering why Mike D’Antoni was playing Randolph 35 minutes but only giving 28 to David Lee, this is probably the reason why.

By allowing Randolph to lead the team in scoring and rebounding, the Knicks were simply baiting another team to trade for him. In this case, it was the Clippers that came knocking. The team is 2-11, and still clearly reeling from offseason loss of Elton Brand. Randolph is sort of a “Brand Lite,” in that he can do a lot of the same (offensive) things as Elton, he just can’t do them very efficiently.

But this trade should be examined from a fiscal standpoint, because in this case it’s all about the money. Mobley and Thomas both have contracts that expire in the summer of 2010, when a number of high-profile free agents (including LeBron James) should hit the free agent market. By trading away Randolph, the Knicks are now only on the hook for $20 million. In fact, no Knick is currently under contract for the 2010-11 season, but Eddy Curry ($11.3 million) and Jared Jeffries ($6.9 million) are likely to exercise their player options. And based on his improved play this season, the team is likely to exercise its option on Wilson Chandler’s rookie contract. These three deals roughly equal $20 million. There is also Danilo Gallinari’s rookie contract to consider, but the team will likely take a wait-and-see approach given the young forward’s balky back.

The trade also allows the Knicks to re-sign David Lee and Nate Robinson if they choose to do so. Over the past couple of seasons, the conventional wisdom was that the franchise would not be able to keep both players if they hoped to have the necessary salary cap space to make a run at one or two big-name free agents in 2010. With only $20 million committed, the Knicks could sign one or both players, but they need to be careful not to overpay.

Lee’s Player Efficiency Rating (PER) is down from a terrific 18.18 last season to a below-average 14.25 this season. Looking at his stats, his numbers have taken a dive in two categories: rebound rate (17.5 to 12.9) and true shooting percentage (60.6 to 56.2). The TS% is not guaranteed to bounce back, but with the departure of Randolph, there should be plenty of rebounds for Lee to gobble up.

So what is he worth? Well, it would be a coup if the Knicks could sign the 6’9” forward to a deal somewhere in the range of $6-$7 million per season. He’d be a nice fit alongside LeBron on the front line, but the truth is that Lee is the kind of player that can fit in with just about anyone.

While Lee has struggled with some of his numbers this season, Robinson is having a career year in D’Antoni’s system. His PER (18.07) represents a healthy jump from his numbers last season (15.70) and is currently the 12th-best amongst point guards. This rise can be mainly attributed to his better shooting and passing under D’Antoni.

Robinson has shown promise, he’s still just 5’9”, so the Knicks need to be careful not to pay him the kind of salary that a bigger guard (posting similar numbers) would command. Still, his production in D’Antoni’s offense has been terrific, so a salary in the $5-$6 million range seems appropriate if the team views him as its point guard of the future.

So, conceivably, the Knicks could have a core of Lee, Robinson and the improved Chandler, along with a payroll of about $33 million heading into the summer of 2010. Assuming a salary cap of $60 million (which is a conservative estimate), that’s plenty of space to sign LeBron. Given the Nets struggles with the move to Brooklyn, it suddenly looks like the Knicks are LeBron’s most likely landing spot. Playing in Manhattan would only serve to boost his monstrous profile – remember, he said his top goal is to be a “global icon” – and he’s already comfortable with D’Antoni after the two worked together the last few summers as part of Team USA. Moreover, D’Antoni’s up-tempo attack would be a perfect (and attractive) fit for LeBron’s skill set.

The Knicks would have an additional $18 million in 2011 once the contracts of Curry and Jeffries are off the books, but if the team is able to rid themselves of those contracts prior to that fateful summer, or if they elect just to re-sign only Lee (or only Robinson) they would have the cap room to sign not one, but two superstars.

Just imagine a lineup of LeBron, Lee, Robinson and Chandler along with the likes of Dwyane Wade, Chris Bosh or Amare Stoudemire, and D’Antoni’s decision to move to New York instead of Chicago becomes much more clear.

Knicks, Warriors agree to Crawford/Harrington trade

Al Harrington said he wanted out, and the Warriors have swung a deal to send the forward to the Knicks for Jamal Crawford.

Harrington went public with a trade demand just before the start of the season after privately urging Golden State to move him for months. New York had immediate interest, seeing the versatile and mobile Harrington as an ideal frontcourt fit in new coach Mike D’Antoni’s up-tempo system.

It will require the Knicks to part with Crawford, their leading scorer and another player they had pegged to flourish under D’Antoni. The Warriors, according to NBA front-office sources, see Crawford as a versatile guard who, although not a pure floor leader, can function well in coach Don Nelson’s system while Monta Ellis recovers from ankle surgery — and in tandem with Ellis once he returns.

Yet it’s believed that Walsh has multiple motivations for re-acquiring one of his favorites. Another sizable lure is Harrington’s contract, which pays him $9.2 million this season, $10 million next season and expires after the 2009-10 campaign. That meshes with New York’s intent to slice payroll and get as far under the salary cap as possible for the highly anticipated free-agent summer of 2010 to join the bidding for Cleveland’s LeBron James.

Crawford has a player option after this season that would extend his contract by two years and $19.4 million. He is likely to exercise that option, so the Knicks were smart to move him if the main goal is to cut salary prior to the summer of 2010, when a number of high-profile free agents may hit the market.

The combo guard is playing the best ball of his career, and at 28, he is in his prime. He should be a nice fit in Golden State with or without Monta Ellis at his side. Crawford can run the point, but his natural position is off guard. He’s a volume shooter, as he has only shot better than 42% once in his career. But when he gets hot, he’s an unstoppable scorer.

Al Harrington has seen his numbers decline over the last few seasons after falling out of favor with Don Nelson. He should be a good fit as a power forward in Mike D’Antoni’s up-tempo attack. He’s athletic and can hit the long ball pretty effectively. I’m not sure what this means for David Lee, who plays the same position as Harrington (albeit in a very different way). It’s possible that the Knicks will package Lee with Zach Randolph or Eddy Curry in order to sweeten the pot for potential trade partners. Getting rid of either contract would go a long way to clearing serious cap space in the near future.

Eddy Curry not part of Knicks’ rotation to start season

Here’s a shocker – Eddy Curry may not be a good fit for Mike D’Antoni’s system. D’Antoni already told reporters that he doesn’t expect to use Curry in the Knicks opener Wednesday night against the Miami Heat.

New Knicks coach Mike D’Antoni said he doesn’t plan to play Curry in the team’s season opener Wednesday against the Miami Heat, simply responding “no” when asked Tuesday if Curry would be part of his eight- or nine-man rotation.

Curry’s minutes were limited in the preseason after he missed all of training camp because of a bacterial infection, and D’Antoni said he could have a hard time playing catch-up. D’Antoni also has not appeared confident with how Curry would fit in his high-tempo offense.

After playing in four of the seven Knicks’ preseason games (including one DNP/coach’s decision), Curry was surprised by the news that he is not part of his coach’s regular rotation.

“Definitely stunned, especially being that [D'Antoni] didn’t tell me that,” Curry said Tuesday. “I haven’t talked to him. I’m here with him every day. All he has to do is tell me. I’m definitely stunned to hear that.”

Curry thinks he can play in D’Antoni’s system, which emphasizes quick shots and working the ball on the perimeter.

“I don’t need [the ball] to go through me,” Curry said. “I don’t need it to be my team.”

I always find it interesting when coaches break the news to a player via the media. It seems like if each player had a regular meeting with the coach that it would serve to clear the air and open the lines of communication. Now there’s apparently a rift between Curry and D’Antoni, and it doesn’t appear that D’Antoni cares all that much.

Curry can opt out of his contract after the season, but has a player option for two more years. Since he’s due to make $21.8 million over those two seasons, and is unlikely to find that kind of money on the open market, he’ll probably extend his contract. It’s up to the Knicks to find a taker.

Based on his career stats, it shouldn’t be too hard. Curry is just 25, and has posted good numbers as recently as the 2006-07 season when he averaged 19.5 points and 7.0 rebounds, while shooting 58% from the field. He doesn’t offer much in the way of blocks, steals or assists, but he can score and rebound when he wants to, and his contract is not unreasonable.

Look for the Knicks to move him this season.

Eddy Curry: Tattoo did not cause infection

It has been a tough training camp for New York Knicks center Eddy Curry. He missed time due to contracting a bacterial infection and missed preseason games due to poor conditioning and an unfamiliarity with the new offense installed by Mike D’ Antoni. And in the most bizarre moment, Curry popped an exercise ball while sitting on it.

Curry has denied a rumor that a contaminated needle from a trip to a tattoo parlor triggered the bacterial infection.

“At first they thought I had strep throat. Then doctors were worried the infection might attack my heart. But they never identified for sure what hit me. I still don’t know,” Curry said.

Curry has been frequenting tattoo parlors since the age of 16 and estimates that he has 50 tattoos on his body.

2008 NBA Preview: #28 New York Knicks

Offseason Movement: New head coach Mike D’Antoni needed a point guard to run his up-tempo attack, so the Knicks signed Chris Duhon to fill the role. They probably would have liked to do better, but when you’re $40 million over the cap and have a roster full of players that nobody wants, you’re options are limited. However, Duhon is a pass-first floor general who could surprise.
Keep Your Eye On: Mike D’Antoni’s blood pressure
With Zach Randolph and Eddy Curry still on the roster (and penciled into the starting lineup) it’s not clear how D’Antoni will be able to effectively run his frenetic style of offense. Both players are slow-footed and neither guy is known to be a willing passer, two huge no-no’s in D’Antoni’s system. One player who should thrive is forward David Lee, who might be able to work his way into the starting lineup sooner rather than later.
The Big Question: Is this a lost cause?
Even with Stephon Marbury’s monster contract ($22 million) coming off the books next summer, the team is still in salary cap hell until the summer of 2010 unless they can rid themselves of Randolph ($14.7 million) or Curry ($9.7 million) before then. D’Antoni will bring energy to New York, but how patient will Knick fans be? It’s going to take a while to remake this roster, so will D’Antoni live to see it happen?
Outlook: The Knicks do have some talent on this roster. The aforementioned Lee and Duhon are unselfish players that are a good fit for what D’Antoni is trying to do. Jamal Crawford is a terrific scorer, and if he buys into the system (by passing up questionable shots to create opportunities for his teammates), he could have a nice season. Nate Robinson and Quentin Richardson have the potential to thrive as well. The wildcard is rookie SF Danilo Gallinari. As the first pick of the D’Antoni era, it’s crucial that he’s not a bust. The Knicks best lineup might consist of Duhon and Crawford in the backcourt, Richardson and Gallnari in the frontcourt, and Lee at center. They’d be undersized, but if everyone bought in, that might be a fun lineup to watch.

Check out our NBA Preview page for a look at every team. We’ll be posting three previews per business day, which will take us up to the start of the season on Tuesday, October 28th.

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