NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Sport / Football

The worst contracts in sports history

news.com.au
18 Oct, 2016 05:00 AM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

A close up of Ricky Williams of the New Orleans Saints taking a break from the action during a game. Photo / Getty Images

A close up of Ricky Williams of the New Orleans Saints taking a break from the action during a game. Photo / Getty Images

Advertisement
Advertise with NZME.

Ricky Williams got "screwed".

That's the verdict after FiveThirtyEight crunched the numbers on the former NFL star's deal with the New Orleans Saints, dubbed the "worst contract for any player in history" in the sport.

Williams signed the contract in 1999, and it was reportedly worth up to $68 million.
But
that was before you read the fine print.

As FiveThirtyEight explained, the contract was driven by "ambitious" performance incentives - so ambitious, in fact, they were bordering on impossible.

The contract is complicated (you can read about it in detail here) but in simple terms, Williams would receive an $8.8 million signing bonus and a minimum base salary totalling $2.3 million over the next seven years.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

But for the rest of the cash, he needed to meet mostly extraordinary requirements.

"FiveThirtyEight obtained a copy of the deal, and we calculated how much every running back since 1989 could have earned from it," the report read.

"And we can say without reservation: Ricky Williams got screwed.

Advertisement
Advertise with NZME.

"Williams definitely underperformed expectations during his career, but only a fraction of that $68 million was achievable at all, even to the greatest running backs in recent memory."

The report continues: "One of the famous sections of Williams's contract is the 'Special Provisions' - a list of 26 incentives each worth $50,000 a season. Some of these incentives ... have only been hit by the best running back seasons of all time, and a few are practically impossible."

Among the more "nuts stuff" on the contract were incentives for catching 12 touchdowns and averaging 18.6 yards per reception (with at least 32 receptions) - no running back has ever done either in modern football history.

Making it all even worse, the contract stipulated incentive bonuses would be capped at $500,000. So even if he did magically achieve 20 of the incentives, he could only be paid for 10.

Discover more

Tennis

World reacts to Nick Kyrgios' suspension

18 Oct 12:04 AM
Sport|rugby

French authorities launch investigation into Anthony Foley's death

18 Oct 02:57 AM
Tennis

"You're not going to solve Nick's issues in three weeks"

18 Oct 03:38 AM
Sport

Week 6 NFL Wrap: Both Super Bowl 50 teams humbled

19 Oct 02:56 AM

But before you get too down about Ricky Williams, there have been plenty of times when clubs were - and still are being - screwed for overpaying players. Here are five such occasions.

FIVE TIMES TEAMS GOT SCREWED

MICHAEL VICK

Michael Vick. Photo / Getty Images
Michael Vick. Photo / Getty Images

The Atlanta Falcons gave quartberback Michael Vick a 10-year contract worth $130 million in 2004, making him the NFL's highest paid player at the time. He made the Pro Bowl in his first season after signing the deal - largely due to his running prowess - but that was the lone highlight. The team went just 15-17 the next two seasons, and that was the last we'd ever see of Vick in a Falcons jersey. He ended up serving a 23-month prison sentence for his role in a dog-fighting organisation and was released.

JEROME JAMES

After a strong NBA playoff performance with Seattle after the 2004-05 season, the New York Knicks somewhat surprisingly gave free agent Jerome James a five-year $30 million offer. He showed up to Knicks camp out of shape and was plagued by injuries. He appeared in only 90 games in four seasons, averaging fewer than three points per game.

Advertisement
Advertise with NZME.

MO VAUGHN

When he signed a six-year, $80 million contract in 1998 it made him the highest paid player in baseball based on per-season salary ($13.3m).

But in his very first regular-season game in an Angels uniform, the first baseman chased a foul pop fly into the dugout, tumbled down the stairs and sprained his ankle, sending him to the 15-day disabled list. Combining 1999 and 2000, the big-bodied Vaughn smacked 69 home runs, batted .276 and slugged .503 - not bad, but he also led the league in strikeouts in 2000 (181). Vaughn also didn't provide the leadership the Angels organisation expected, plus health failed him in 2001 when he ruptured his left biceps and missed the entire season. The Angels had enough in December 2001 and sent him to the New York Mets.

EDDY CURRY

Eddy Curry. Photo / Getty Images
Eddy Curry. Photo / Getty Images

Eddy Curry, long criticised for being overweight, landed a six-year $60 million contract in 2005 to join the Knicks. He stuck it out for five of those seasons in New York, but they weren't pretty by the end. He played in just 10 games in the final two seasons.

ADAM ARCHULETA

Advertisement
Advertise with NZME.

The Washington Redskins made Adam Archuleta the highest-paid safety in NFL history by signing him to a six-year $30 million contract in March 2006. But he started only seven of 16 games that year. By the end of the 2006 season, he was being used primarily on special teams. Washington ultimately traded him for a sixth-round draft pick to Chicago, where he also languished before spending his final year in the league with the Raiders.

Save

    Share this article

Latest from Football

Wellington Phoenix

Phoenix claim famous win over Wrexham

All Whites

'Delighted': Former Phoenix defender seals record move to Wrexham

Wellington Phoenix

'Unexpected': Phoenix coach on facing Wrexham with underdone squad


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from Football

Phoenix claim famous win over Wrexham
Wellington Phoenix

Phoenix claim famous win over Wrexham

Luke Flowerdew's goal secured a 1-0 win for the hosts over the touring Welsh club.

19 Jul 06:57 AM
'Delighted': Former Phoenix defender seals record move to Wrexham
All Whites

'Delighted': Former Phoenix defender seals record move to Wrexham

19 Jul 02:15 AM
'Unexpected': Phoenix coach on facing Wrexham with underdone squad
Wellington Phoenix

'Unexpected': Phoenix coach on facing Wrexham with underdone squad

18 Jul 04:10 AM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP