When will NBA executives ever learn? It doesn't seem like we can go a single offseason without a team throwing huge money at a player who can't possibly meet the value of the contract.
The New York Knicks decision to sign center Jerome James to a five-year, $30 million deal in 2005 after he performed well in the playoffs is a particularly dubious example. At the time, he had only averaged 4.9 points and 3.5 rebounds for his career.
That obviously didn't end well. Over four seasons, James appeared in 90 games, only four of which were in the final two years of the deal. Due to James' and other terrible contracts, the Knicks never won more than 32 games over that stretch.
This isn't to say that max contracts are bad. LeBron James has one and he's proven to be worth every penny Miami's spent.
However, certain players with max contracts are just not worth all those extra zeroes. Be it due to injury, ineffectiveness or just not being on that elite skill level, these players are cashing checks without the talent to justify the amount written on them.
*All statistics in this article are accurate as of Jan. 8, 2013