In the world of professional sports, baseball specializes in horrendous, long-term contracts to older, declining players.
The NFL has non-guaranteed pacts and the NBA collective bargaining agreement has restrictions on max deals to go along with a salary cap. Major League Baseball teams on the other hand, outside of a $189 million luxury tax, have little incentive to persuade teams from handing out startling deals.
Due to revenue increases from attendance and media deals, the sport is flush with cash. Once agents became privy to this boon, baseball players demanded their rightful piece of the pie.
Of course, with the exception of some great older players like David Ortiz and Barry Bonds, baseball players are far, far more valuable before they reach free agency than in the ensuing seasons following the signing of a lucrative contract.
As the cloud of Biogenesis and dwindling performance hang over the greats of yesterday, their paychecks will continue to swell.
Here is a ranking of the seven worst contracts in baseball today.
All statistics from Baseball-Reference.com unless otherwise noted. All contract figures from Spotrac.com