The Houston Rockets are going hard after unimpressive free agents. They've made waves by signing Jeremy Lin and making an offer to Omer Asik. The Knicks appear to have decided not to match the Rockets' offer to Lin, as Marc Berman of the New York Post tweeted.
— Marc Berman (@NYPost_Berman) July 15, 2012
With that, Lin is about to become horrifically overpaid. Three years and $25 million is wholly undeserving for a player who just had a remarkable six-game string before becoming ordinary again for 16 games before going down for the rest of the season.
The Rockets' ridiculous three-year, $25 million offer to Asik will be official with the Knicks not matching Houston on Lin, as Jonathan Feigen of the Houston Chronicle tweeted.
Several other players have received unwarranted contracts to this point. At least one of those players received a maximum contract. Others are mid-level players who are being overrated by the teams that signed them.
Following is a list of the most disgraceful deals to this point in free agency.