Jerome James: 5 years, $30 million (2005)
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In the summer of 2005, after a career spent bouncing around various teams and countries, forward Jerome James was a free agent who’d turn 30 years old when the following NBA season started.
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But the New York Knicks once again threw caution to the wind when signing James, hanging him a 5-year, $30 million free-agent contract.
He arrived into the subsequent training camp heavier and out of shape, and never played more than 45 games in a given season during his four years in New York.
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