The Memphis Grizzlies Sign Chandler Parsons (2016)

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The pièce de résistance of the horrific contracts handed out in the summer of 2016, why the Memphis Grizzlies thought it would be a good idea to hand a four-year, $94 million contract to Chandler Parsons, a guy coming off a significant knee injury is beyond baffling.

In two seasons in Memphis, Parsons has never played more than 36 games in a season, and Memphis has been doing whatever they can to unload this contract, despite having handed it out just two years prior.