Worst Contracts Ever?

Rick DiPietro and the Islanders. 15 years, $67.5 million.

After the first two seasons of that deal, he went 14-27 in the last five years before the Isles bought him out.

 

Can we add a team category for the Cleveland Cavaliers on Ted Stepien's watch? Or as the late Pete Franklin called him, T.S., for Too Stupid?

 

We need to add Angels and Arte Moreno, too. Matthews, Pujols, Hamilton, taking on all of Vernon Wells bad contract.

 

Indeed.

The one........the only..........Bill Fralic.

 

YES! That's who it was. It was driving me crazy trying to remember who that was.

 

Bill Fralic was a really good player for awhile.

And $150,000 for the rest of his life isn't all that much in football terms. Say he lives 60 years after that deal -- that's $9 million.

 

Just repeating history under Gene Autry.

 

Which is nothing by today's standards, but for someone taken in 1985, that's pretty awesome. He got almost $8 million for the first four years in the league, as well as the $150K a year for the rest of his career. He got a better contract that Bruce Smith did that year and he was the top pick of the draft.

 

I want to say Dan Quisenberry had a lifetime contract with the Royals. Unfortunately for him (and fortunately for KC, I guess), Quiz died at 45.

 

In 1985, when Fralic signed the contract, Warren Moon was the highest paid player in the NFL with a $1.1 million annual salary and Houston's Dean Steinkuhler was the highest-paid OL at $650k. Fralic made out pretty good.

 

I think a few of the Royals had contracts like that that were paid out over a period of time.

Given the number of players who are broke within a couple years of their careers ending, getting a six-figure check every year is fucking genius.

 

I think he signed a 4-year, $7.75 million contract in addition to the $150K a year for life. He made more than the top pick.

Good agent.