Terrible Contracts (for the Owner)!
By Bill Barnwell lists some bad NFL contracts, but of course his definition of “bad contract” is one in which the team loses value, not one in which the player is dramatically underpaid relative to his contribution. Given labor agreements that substantially restrict rookie and early year player compensation, a list of underpaid players is naturally going to be headed by guys like Mike Trout. Excluding those, what would a list of long-term contracts (NFL, NBA, or MLB) that were very “bad” from the perspective of the player look like?