NBA Free Agents 2012: Big Contracts Teams Will Regret Giving

Tony GiardinaCorrespondent IAugust 16, 2012

INDIANAPOLIS, IN - MAY 08: George Hill #3 of the Indiana Pacers celebrates with teammates after making a first quarter basket while playing the Orlando Magic in Game Five of the Eastern Conference Quarterfinals during the 2012 NBA Playoffs on May 8, 2012 at Bankers Life Fieldhouse in Indianapolis, Indiana.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Gregory Shamus/Getty Images)
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This NBA offseason has been a prime example of the contract issues that exist in the league. Giving superstar-like money to undeserving players has not only occurred, but it seems to be the norm. Both Roy Hibbert and Brook Lopez got max deals, but neither would come up in a discussion about the top-20 players in the game. 

The worst contracts, however, are the overpaid players who shouldn't even have a regular starting role. Teams make players out to be something they aren't yet and throw money that could be better spent elsewhere. Here are the worst signings of the entire offseason and the teams that will regret it down the road. 


Landry Fields (Toronto Raptors: 3 years, $20 million)

The Toronto Raptors are trying to be relevant, so they went out and signed former Knicks guard Landry Fields. He's a solid player, and at just 24, he has potential for growth within the franchise. 

The problem is that Fields is coming off an awful year. He shot 25.6 percent from beyond the arc and made just 56.2 percent of his free throws. He was better as a rookie in 2010, but neither year makes him seem like a player worth nearly $7 million per season. Fields gets a $20 million contract while only eclipsing the 20-point mark once in 2011.


George Hill (Indiana Pacers: 5 years, $40 million)

Hill started just nine games last season, but the Pacers felt his production off the bench was enough to warrant $8 million per year. It's debatable whether this or the Hibbert deal was their worst money-burning move of the offseason, but at least Hibbert starts regularly. 

Hill will likely get the starting nod at the point this season—he has to for that kind of money—yet he has only averaged 2.5 assists per game throughout his career. Indiana may get a solid player in Hill, but money over the next five years will be tight because of moves like this. 


Omer Asik (Houston Rockets: 3 years, $25 million)

This move was the most confusing and worst of any signing made this year. A former Bulls standout bench player, Asik coupled great defensive skills with a confused offensive demeanor. The 26-year-old has started just two games in his career and is averaging 2.9 points per game. 

The idea that he may have untapped potential as a starter isn't crazy. The crazy part is giving him over $8 million per year to find out. It's not like teams were lining up to give him even $15 or $20 million. It was a bad move that the Rockets already regret.