During the 2011 NBA lockout, NBA owners claimed that their franchises were losing money and they wanted to curb player salaries by implementing a NFL style salary cap in the new CBA. The NBA players claimed that franchises were at fault for overpaying players and that the claims concerning loss of money by NBA owners were exaggerated. Under the new CBA, NBA teams have to be more prudent on how they pay their players. For teams who go over the salary cap, the luxury tax has become more punitive, especially if the team goes over the salary cap in consecutive years.
While players on rookie contracts and team friendly deals have become increasingly valuable, there are some players who are paid more than they are worth in terms of production and whose contracts hamper their teams financially. The following list shows 10 players whose performances in 2013/2014 do not match their salaries. Some players made the list because they simply cannot produce to justify their salary and others made the list because they cannot emulate the past performances which won them their lucrative contracts. All statistics are valid as of February 12th 2014.
10. Steve Nash, Los Angeles Lakers: 2013/2014 Salary $9,300,500
Steve Nash is one of the greatest point guards in NBA history, but his time spent with the Los Angeles Lakers has been underwhelming to say the least. The two-time MVP has struggled to produce anything resembling his play with the Phoenix Suns and has also struggled to stay on the court. Last year, Nash only played in 50 out of a possible 82 games. This season, Nash has only played in 10 games and seems to re-injure himself continuously. Even when he does play, he does not resemble his old self. Nash is only playing 22.5 minutes, shooting 36% from the field and 31% from three point range. These numbers are a far cry from his career averages of 49% from the field and 41% from three point range. Nash’s injury struggles are sure to continue, as the point guard just turned 40 on the 7th of February. What is even more disconcerting for the Lakers is that Nash has one more year left on his contract at $9,701,000.Next: 9. Kendrick Perkins, Oklahoma City Thunder: 2013/2014 Salary $8,977,437