In the dawn of baseball’s “spend trend” many MLB teams have overpaid for players. Whether it’s through an extension or a free-agent signing, mistakes are made every winter. Every year, many are left asking: “How in the hell did he get that type of deal?” To say the least, they’re often right nine times out of 10.
With money being thrown around more than ever in sports, MLB is the best example. Contracts worth $100 million and up are the norm nowadays. Without a salary cap, what can be done about this? Nothing, that’s what. Until there’s a salary cap, there’s no stopping excessive spending. So, that being the case, the message to MLB franchises is simple. SPEND AWAY!
In today’s game, if you have money you can and will win. Though smart management plays a role, money wins titles nowadays. Many teams, most notably the New York Yankees, have bought their way to World Series Titles. To be honest, who can blame them. There’s nothing that states that they can’t do it so it’s smart business.
That being said, it’s now time to look at some of the worst contract extensions in baseball history.