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NBARanked! Top 6 Most Overpaid NBA Players for 2023/24 Season
- Earlier this week, Jaylen Brown became the first player to sign a $300 million contract
- Some felt he didn't deserve it because of his dismal performance in the 2023 postseason
- But which other NBA players have the worst contracts in the NBA? Sports Brief takes a look
Although many people may be caught up in the entertainment factor of the NBA, it is a business operation, and success depends on getting the maximum out of your investment. Jaylen Brown recently signed an NBA record 5-year $304 million supermax extension with the Boston Celtics, but some felt he didn't deserve it all that.
Most NBA teams pay for potential and production, especially in the postseason. With the revenue growing rapidly, salaries will keep going up exponentially, meaning players will keep getting astonishing contracts.
Every situation is different for every team. A contending team will pay a premium price for a key piece, while a lottery team can never justify cutting a big check, especially for someone who isn't a foundational piece.
For the contending teams, a player who contributes, especially in the postseason, deserves every dollar if he helped the team go on a deep playoff run or win an NBA title.
Overpaid doesn't mean they are bad basketball players. It means they have beaten the market or they failed to fulfill their potential. Therefore here are 6 overpaid NBA players for the 2023/24 season.
Most overpaid NBA players for 2023/24
Honorable mentions: Karl-Anthony Towns, CJ McCollum, John Collins, Mike Conley,
7. Kyle Lowry, Miami Heat
Lowry signed a three-year, $85 million deal with the Heat in the 2021 offseason and made $28.3 million in the 2022/23 season. The 36-year-old has shown signs of decline, and injuries have also hindered his performance. Many have criticized his contract, but 2023/24 will be the final year of his deal.
He has played less than 55 games in two of the last three seasons in the regular season. Last season, he averaged 11.2 points and 5.1 assists in 55 games. As a player signed to elevate the Heat in the postseason, he has failed to live up to that expectation so far. It is highly unlikely that another team will pay him that much.
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NBA6. Duncan Robinson, Miami Heat
Robinson has three years and $57.4 million left on his current deal. The Heat handed him a five-year, $90 million deal in 2021, at the time the richest contract ever rewarded to an undrafted player. His numbers dipped almost immediately. He has been removed for the Heat rotation many times due to his non-existent defense, which is insane considering his 6-foot-7 frame.
5. Tobias Harris, Philadelphia 76ers
Harris has been a great role player for the 76ers, but he is paid like a star. He is entering the final year of his contract, which will pay him nearly $40 million in 2023/24. He has been a decent playoff performer, but with his deal, many expect much better from him. He has stayed injury free for the last few seasons, but his production probably does not deserve that kind of contract.
4. Gordon Hayward, Charlotte Hornets
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NBAThe Charlotte Hornets just gave Hayward a four-year, $120 million contract in 2020 and he has failed to justify that deal. He has failed to play more than 50 regular season games in the last three seasons. The 33-year-old has never been the same after his devastating leg injury as a Boston Celtics player, and it is mind-boggling to think Michael Jordan gave him that contract. However, he has one season left, which will earn him $31.5 million.
3. Rudy Gobert, Minnesota Timberwolves
In 2020, Gobert signed a five-year, $205 million contract extension with the Utah Jazz but was traded to Minnesota last summer. He has three years and $131.5 million remaining, and he has shown signs of decline. He is a three-time Defensive Player of the Year, but his defensive display was not great last season. His field-goal shooting (71.3 to 65.9), rebounds (14.7 to 11.6), and blocks (2.1 to 1.4) regressed last season.
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NBACan he justify that hefty paycheck next season?
2. Bradley Beal, Phoenix Suns
Beal is a good player but is paid like a great one. He signed a five-year, $251 million maximum contract with the Washington Wizards last summer, and one year later, he was traded to Phoenix. He will make $46,741,590 next season, $50,203,930 in 2024/25, and $53,666,270 in 2025/26, per Spotrac.
The jury is still out, but with his average defense, injuries, and an inconsistent three-point shot, Beal is overpaid. If he helps Phoenix win the NBA title next season or the season after next, the contract will be fully justified.
1. Ben Simmons, Brooklyn Nets
Since passing up a potential dunk on possession the Sixers had to have in the 2021 postseason, Simmons has regressed significantly, per Bleacher Report. The 27-year-old missed the entire 2021-22 season due to a holdout and a back injury and played just 42 games last season but was nowhere close to his previous form. At his age, he should be on top of his game and playing at the highest level for a contending team. Nothing suggests he will change anytime soon, but sports is always unpredictable.
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NBAHighest paid NBA players for 2023/24
Sports Brief earlier reported on the highest NBA players for the 2023/24 season.
Golden State Warriors superstar Stephen Curry will be the first player to make $50 million per year next season, while Portland Trail Blazers star Damian Lillard will make a staggering $60 million in the 2026-27 season.
In the next few seasons, we'll see players signing $400 million deals and getting over $60 million per year.