Team: Grizzlies
2016-17 stats: 34 G, 6.2 PPG, 2.5 RPG, 1.6 APG
Salary: $22.1 million

Memphis isn’t exactly a marquee destination for free agents; you’ll never hear LeBron say he’s taking his talents to Tennessee. So, if the Grizzlies want to get any quasi-relevant player to sign with them, they’re going to have to overpay.

And that’s just what they did with Chandler Parsons last season. Parsons, who averaged a respectable 15.4 points per game from 2012-13 through 2015-16, inked a four-year, $94 million contract with Memphis. This made him the 18th-highest paid player in the NBA, a pretty good deal for someone who has never been a superstaror even made an All-Star team, for that matter.

The contract still would have represented a gross overcompensation if Parsons had played at his 2013-2016 pace, but the Grizzlies didn’t even get that out of him this season. He played in just 34 games due to a myriad of knee injuries, which can’t bode well for his future in the NBA, and averaged a career-low 6.2 points per game.