A list of stars who lost money after rejecting a big contract: Schroder and others on the list

July 7th news US media ClutchPoints today reviewed those "repentant" moments in NBA history - many players finally had to accept far lower than expected salary due to rejecting large contracts, and their experiences can be regarded as vivid "reverse financial management teaching materials".

The star lineup of loss:

Cousins ​​(rejected the Pelicans for 2 years and 40 million → joined the Warriors for 1 year and 5.3 million): refused the Pelicans' contract renewal at its peak, and his value plummeted after suffering a serious injury, but he had no choice but to join the Warriors with a basic salary.

Schroder (rejected the Lakers for 4 years and 84 million → signed the Celtics for 1 year and 5.9 million): Gao Guang was confident in refusing the Lakers to renew their contracts, but the free market was cold and eventually joined the Celtics with the Mini Middle Class to become a substitute.

Oladipo (rejecting Pacers for 4 years and 112 million → Rockets for 2 years and 45.2 million → Heat for 1 year and 2.4 million): Rejecting the maximum salary contract twice, his condition declined after serious injury, and he became a veteran player with a basic salary from Mr. 100 million.

"Madman" Sprewell (rejected the Timberwolves for 3 years and 21 million → Direct unemployment): Rejecting the contract due to "raising a family" remarks, and then saying goodbye to the NBA directly, becoming a classic case of unemployment caused by refusing to renew the contract.

Noel (rejecting the Mavericks for 4 years and 70 million → renewing the Mavericks for 1 year and 4.1 million): At the suggestion of his agent Ritchie Paul, he failed and eventually stayed at the team at a bargain price, which is called the "most expensive suggestion fee".

"Box" Wells (rejected the Kings for 5 years and 38.5 million → join the Rockets for 1 year and 2.1 million): After the highlight of the playoffs, he was overconfident, refused to renew the Kings but did not perform the same again, and his value fell sharply.

Shabaz Mohammed (rejected Timberwolves for 4 years and 40 million → renewed Timberwolves for 1 year and 1.5 million): Young players misjudged the market and their value plummeted to their basic salary after refusing to renew their contract.

John Amic (rejecting the Lakers for 6 years and 17 million → joining the Magic for 1 year and 600,000): From refusing the Lakers to only get a basic salary, it has become a typical case of "overestimating yourself" in the early stage.

Joe Smith (rejecting the Warriors for many years → joining the Timberwolves for 1 year 1.75 million): He suffered heavy losses due to the "yin and yang contract" incident, missed nearly 80 million in income, and even lost his underwear.

Why do the stars step by step? Three lessons are worth remembering:

Overvalue the market and misjudgment of market conditions: Players and teams often overestimate their long-term value due to short-term highlight performance (such as Schroeder and Wells), and they did not expect that the free market would be cold or the team's strategy would change suddenly.

Injuries are stronger than tigers: Stars such as Cousins ​​and Oladipo suffered devastating injuries after refusing a large contract, which directly led to a plummeting competitive state and value.

The big bet failed, the team misjudgment: the agent's strategy is wrong (such as the Noel incident) or the player's unclear positioning (such as Sprewell), and a big bet will lose all the game.

The cruelty of professional sports is fully demonstrated in these "money decision moments". How players can balance confidence and reality between pursuing maximum salary and guarantee is one of the most difficult issues in their careers. When a big contract that is enough to protect the lives of generations is placed in front of you, signing or not is a thought heaven and abyss. These bloody cases are undoubtedly the most realistic warning to latecomers.

You can be confident on the basketball court, but reality is the kingly way at the contract negotiation table.