Every year at the opening of free agency, there are some GM’s who absolutely lose their minds, whether it be from pressure to field a competitive team, internal ego to get what they want, or whatever. Every year there are some ridiculous contracts where players get overpaid by such a vast amount that they are laughable. Most often, competition drives up the pot, and you get to the point where they say, well we have gone that far, what’s another million?
There is also the odd contract that makes sense. Even a good player can sign for a competitive amount despite the environment of July 5th. Here is my first All-Overpaid Team, from those signing contracts since the end of the season.