10 Worst Contracts in Sports History

AP Photo/Kathy Willens, File AP Photo/Kathy Willens, File

The big three (with the NHL, four) sports leagues make a lot of money through TV, corporate boxes, and merchandising. In turn, they pay exorbitant sums for talent. In some cases, it turns out to bite them in the butt, sometimes not. In the court of public opinion, where the average fan makes in a lifetime what some players make in one year, most free agent contracts look egregiously huge. Take the David Beckham deal with the LA Galaxy in 2007. It was reported that the Galaxy were going to award him $250 million for five years, when in fact it was $32.5 million, or $6.5 million per year. But, he could have opted out in 2009 after just three seasons. Consider, too, that he was making money with AC Milan while on off-season loan. What did the Galaxy get for the well-past-his-prime Becks? He scored 18 goals in 98 games, none in the MLS playoffs. Hmmm.

#10 – Michael Vick

Vick was signed to not one, but two bad contracts. The first contract with Atlanta was cut short while Vick was a guest of Virginia State Corrections. The second bad contract, after a much hyped return with Philadelphia was signed in 2011. As he was worthy of a big contract in Atlanta, the second contract gets heaps of scorn. The Eagles doled out $100 million ($40 million guaranteed) over a six-year term for an overrated, past-his-prime quarterback. In the second year (2012) Vick threw for an uninspiring 2,362 yards in 10 games, with 12 TDs and 10 picks. The Eagles, sensing a dud, restructured it in 2013, but still got rooked. His base was $3.5 million, as back-up to starter Nick Foles, whose base was $500,000.

AP Photo/Alex Brandon

AP Photo/Alex Brandon

Next: #9 - Albert Pujols


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