Worst NBA contracts of all time

[Rawdeal28]

Re: Worst NBA contracts of all time

NO ONE will ever surpass Jon Koncak.......

Though a reliable defender for much of his career, Koncak is perhaps best remembered for the six-year, US$ 13 million contract he received from the Hawks in 1989 - an unprecedented total for a reserve. The deal was roundly criticized since it paid Koncak more than Michael Jordan, Magic Johnson and Larry Bird. His large contract prevented the Hawks from taking part in any other major free agent signings for several years. As a result, he earned the derisive nickname "Jon Contract

[Taur3asi3]

Re: Worst NBA contracts of all time

If there was ever a thread that would make someone lose all faith in the NBA this is it.

The contract that jumped out at me more than any of the others on the huge list a few pages back had to be Kelvin Cato. That is insane.

[bamalam]

Re: Worst NBA contracts of all time

sorrry if previously mentioned:

Jon "Contract"

Jon Francis Koncak (born May 17, 1963 in Cedar Rapids, Iowa) is an American former professional basketball player. A 7'0" center from Southern Methodist University, Koncak was selected with the 5th pick in the 1985 NBA Draft by the Atlanta Hawks. Koncak spent ten seasons with the Hawks (1985-1995), mainly in a reserve role, then concluded his career with the Orlando Magic. He retired in 1996 with career totals of 3,520 points and 3,856 rebounds.
Though a reliable defender and fan-favorite for much of his career, Koncak is perhaps best remembered for the six-year, US$ 13 million contract he received from the Hawks in 1989 - an unprecedented total for a reserve. The deal was roundly criticized since it paid Koncak more than Michael Jordan, Magic Johnson and Larry Bird. His large contract prevented the Hawks from taking part in any other major free agent signings for several years. As a result, he earned the derisive nickname "Jon Contract", and many sports anchors continue to use Koncak's name in place of the word "contract" ("The Seattle SuperSonics signed Jim McIlvaine to a $35 million, 5-year Koncak today...") when reporting what appears to be an excessively large signing. Koncak is blamed for the rapid salary increases that occurred in the NBA following his signing

[boomhauertjs]

Re: Worst NBA contracts of all time

Danny Ferry's rookie contract 10 years $34 million.

[TheBadazz]

Re: Worst NBA contracts of all time

Ben Wallace 4 yr. $60 million (2006) . John Paxson was smoking some good dope that year.

[WilliamWilliamson]

Re: Worst NBA contracts of all time

Shawn Kemp's contract was pretty ridiculous. I think Cleveland was actually the team that gave it to him, but I remember him being 4th string in Portland making 25+mil at the end of the contract.

Also, Juwan Howard signed a $100+mil contract. He was never that caliber of player.

And Joe Smith's under the table contract was pretty costly for the Twolves and he wasn't even that good.

[BJNT]

Re: Worst NBA contracts of all time

If there was ever a thread that would make someone lose all faith in the NBA this is it.

The contract that jumped out at me more than any of the others on the huge list a few pages back had to be Kelvin Cato. That is insane.

You know what was the worst thing about it? The Rockets gave him that contract after he had a good game in the pre-season. PRE-SEASON!

[Rawdeal28]

Re: Worst NBA contracts of all time

sorrry if previously mentioned:

Jon "Contract"

Jon Francis Koncak (born May 17, 1963 in Cedar Rapids, Iowa) is an American former professional basketball player. A 7'0" center from Southern Methodist University, Koncak was selected with the 5th pick in the 1985 NBA Draft by the Atlanta Hawks. Koncak spent ten seasons with the Hawks (1985-1995), mainly in a reserve role, then concluded his career with the Orlando Magic. He retired in 1996 with career totals of 3,520 points and 3,856 rebounds.
Though a reliable defender and fan-favorite for much of his career, Koncak is perhaps best remembered for the six-year, US$ 13 million contract he received from the Hawks in 1989 - an unprecedented total for a reserve. The deal was roundly criticized since it paid Koncak more than Michael Jordan, Magic Johnson and Larry Bird. His large contract prevented the Hawks from taking part in any other major free agent signings for several years. As a result, he earned the derisive nickname "Jon Contract", and many sports anchors continue to use Koncak's name in place of the word "contract" ("The Seattle SuperSonics signed Jim McIlvaine to a $35 million, 5-year Koncak today...") when reporting what appears to be an excessively large signing. Koncak is blamed for the rapid salary increases that occurred in the NBA following his signing

yup ur late lol

[sportyguyfl31]

Re: Worst NBA contracts of all time

ugh, that Allan Houston deal is the first one that comes to my mind

that deal buried the Knicks so deep in the luxury tax they still haven't recovered from it

hell, the 2005 cba basically had a rule created because of that contract

The carnage of the Scott Bin Layden and Isiah Thomas era's cannot be understated...just heinous personnel decisions.

[roadman]

Re: Worst NBA contracts of all time

The only thing bad about the Gooden deal is the length.

Good players are always traded with serviceable contracts.

Hello, Sam Cassell?

[mrclutch]

Re: Worst NBA contracts of all time

How about the mother of all bad contracts:

Jon Koncak 6 years 13 mil in 1989.
The Hawks should have never called the Pistons bluff. Set the franchise back for years.

I loved to hear everyone call him Jon Contract back in the day.

[DieHardYankee26]

Re: Worst NBA contracts of all time

How about the mother of all bad contracts:

Jon Koncak 6 years 13 mil in 1989.
The Hawks should have never called the Pistons bluff. Set the franchise back for years.

I loved to hear everyone call him Jon Contract back in the day.

NO ONE will ever surpass Jon Koncak.......

sorrry if previously mentioned:

Jon "Contract"

Jon Francis Koncak (born May 17, 1963 in Cedar Rapids, Iowa) is an American former professional basketball player. A 7'0" center from Southern Methodist University, Koncak was selected with the 5th pick in the 1985 NBA Draft by the Atlanta Hawks. Koncak spent ten seasons with the Hawks (1985-1995), mainly in a reserve role, then concluded his career with the Orlando Magic. He retired in 1996 with career totals of 3,520 points and 3,856 rebounds.
Though a reliable defender and fan-favorite for much of his career, Koncak is perhaps best remembered for the six-year, US$ 13 million contract he received from the Hawks in 1989 - an unprecedented total for a reserve. The deal was roundly criticized since it paid Koncak more than Michael Jordan, Magic Johnson and Larry Bird. His large contract prevented the Hawks from taking part in any other major free agent signings for several years. As a result, he earned the derisive nickname "Jon Contract", and many sports anchors continue to use Koncak's name in place of the word "contract" ("The Seattle SuperSonics signed Jim McIlvaine to a $35 million, 5-year Koncak today...") when reporting what appears to be an excessively large signing. Koncak is blamed for the rapid salary increases that occurred in the NBA following his signing

Wow

[z4ckdabeast]

Re: Worst NBA contracts of all time

Jon Contract.

[USF11]

Re: Worst NBA contracts of all time

Raef LaFrentz: 7 years, $70 Million (2002)

[GaryT531]

Re: Worst NBA contracts of all time

Amare Stoudemire: 2010 max contract. I am curious to see what this guy can do without Nash consistently feeding him the ball in places where he is comfortable, and the past has shown us that he will be not be able to stay healthy over the course of the next 5 years. I am a Knicks fan, and he most likely will be coming here, but I am skeptical.