Pro Sports Contracts

I am continuously amazed by professional sports contracts. Somehow, someway, Donovan McNabb got a 5-year, $78 million dollar contract extension, WITH $40 MILLION GUARANTEED after a very mediocre season so far. An overreaction by the Redskins front office? I'd say so. They have no young quarterback, so the gave this money to someone that their head coach yanked from the game last week! Unbelievable. How fast do you think his agent agreed to that contract after it was offered?

The NBA might be even worse at this. Teams shell out money for very undeserving players, often when they miss on the people they really want and overpay for lesser players to somehow "salvage" their offseason. Let's take Darko Milicic. He was traded twice, not re-signed by another teams, and then his most recent team gave him $20 million after playing only 32 games last season. I'm baffled, I just don't get it.

Some teams are able to overcome bad contracts, such as the Giants winning a World Series despite Barry Zito's $100 million-plus contract (he wasn't even on San Fran's WS roster!). The Cubs, however, are a team that (much to my delight) are strapped by overpaying certain "talents". $175 million-ish for Soriano and Zambrano? That makes me laugh.