Berri’s 10 most overpaid players list has hits, misses


It’s a fun mental exercise to make us feel smarter than GMs — who are the 10 most overpaid players in the NBA?

Dave Berri — the co-author of The Wages of Wins and the economics professor who has consulted with NBA teams — came up with a list for CNBC that got a lot of play over the weekend. It’s got some obvious hits, but there are some misses as well.

Berri has his own system for valuing players called “wins produced.” I think it’s a flawed system (as is the still superior PER by John Hollinger) because any system that tries to distill the contributions of a basketball player down to one single number will not work. There is no single Holy Grail number out there. Defense isn’t accounted for well, to use the easy example and not get bogged down in math. These metrics (I use PER) make a nice snapshot but are not a complete picture.

That said, Berri uses his wins produced to figure out come up with how overpaid he was — how much money did he make divided by how many wins did he produce.

It’s an interesting list. But I have issues with a few guys on here.

1. Rashard Lewis (Wizards). He made $21 million last year and nobody sane will argue this is not the worst contract in the league. The Wizards chose not to use their amnesty on him and if they don’t next year they can pay him $23 million in the final year of his deal (they may try to use that as trade bait). Lewis played in 28 games last season averaging 7.8 points per contest and shooting below 40 percent.

2. Kobe Bryant (Lakers). Kobe is open to being on a list like this because he made $25 million last season (and $27 mil next season and $30 mil the season after that). And while Kobe has started to slide back from his peak he was still second in the league in scoring at 27.9 points per game, can play a complete game when he wants to. He is a lock as an All-Star. Also it should be noted that is actual value to the Lakers franchise in marketing and draw far, far exceeds what he gets paid. To me, that keeps him (and a few others below) off this list.

3. Antawn Jamison (Cavaliers). He made $15 million last year for a struggling Cleveland team and while he’s not bad — 17.1 points but shooting just 40 percent — he doesn’t board or do a whole lot else. He’s average at this point in his career but got paid handsomely to be that.

4. Amare Stoudemire (Knicks). He made $18.2 million last year but you can certainly argue he was overpaid as he was marginalized by the system — this has become Carmelo Anthony’s Knicks team and everything runs through him. Stoudemire kind of got the scraps once Mike Woodson turned the team over to ‘Melo. For the Knicks, he is overpaid. But he still shot 48 percent, scored 17.5 per game and in the right system could be a powerful force.

5. Chris Kaman (Hornets). He made $12.2 million last season at the end of a deal he got with the Clippers and he was overpaid. That said, Kaman has value as a solid NBA big — he scored 13.1 points per game last season, is an efficient shooter who plays within himself and is a solid rebounder. He has value, just not $12.2 value.

6. Mehmet Okur (Nets). I have no problem with this, he made $10.9 million last year and was so useless that when traded to Portland at the deadline a Blazers team that could use some help inside cut him rather than have him play for them.

7. Corey Maggette (Bobcats). No argument here, the oft-injured wing player was paid $10.2 million to come in and score for Charlotte and he played in just 32 games. He scored 15 a game when he did but shot just 36.7 percent.

8. Dirk Nowitzki (Mavericks): He made $17.3 million last season and he’s on Berri’s list but not mine. Granted, Nowitzki was not as efficient this season as the title year but still 21.6 points per game and a guy who can knock down threes. No, not a lot of rebounds or much else, but is that why anyone signs him. A PER of 21.8, I can live with that. Plus, like Kobe, his value to the franchise far exceeds his salary.

9. Deron Williams (Nets): He made $16.6 million on a dreadful Nets team last season. He scored 21 points per game, averaged 8.7 assists per game and shot 40 percent from the field. I think this is less about Williams and more about who is around him to help, but Berri puts him on his list anyway.

10. Tyrus Thomas (Bobcats): He made $7.3 million last season while giving Charlotte 5.6 points per game on just 36.7 percent shooting. He was part of a long list of Bobcat problems last season.

Spurs waive first-rounder Livio Jean-Charles before first NBA game, putting him in small club

San Antonio Spurs' Livio Jean-Charles, center, and Orlando Magic's Bismack Biyombo (11) go after a loose ball during the second half of an NBA preseason basketball game, Wednesday, Oct. 12, 2016, in Orlando, Fla. San Antonio won 95-89. (AP Photo/John Raoux)
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It took a few years, but the Spurs finally signed Livio Jean-Charles – the No. 28 pick in the 2013 draft – to a rookie-scale contract this summer.

The problem: Jean-Charles tore his ACL in Europe and hadn’t developed as San Antonio hoped.

So, San Antonio is cutting bait historically quickly.

Spurs release:

The San Antonio Spurs today announced that the team has waived Joel Anthony, Ryan Arcidiacono, Patricio Garino and Livio Jean-Charles.

This allows the Spurs to keep two players without guaranteed salaries, Bryn Forbes and Nicolas Laprovittola. A shooting guard, Forbes is a 3-point specialist who went undrafted out of Michigan State. Laprovittola, a point guard, will give San Antonio a second Argentinian with Manu Ginobili – though Garino could’ve been three.

Jean-Charles is just the fifth first-round pick in the rookie-scale era to be waived or renounced before playing in the NBA. The other four:

Royce White (No. 16 pick in 2012 by Rockets)

White and and Houston never got on the same page about how to handle his anxiety issues. The Rockets traded him in a financial move to the 76ers, who waived him. White later played three games with the Kings.

Frederic Weis (No. 15 pick in 1999 by Knicks)

Weis never came to the NBA from Europe, but he became infamous for getting dunked on by Vince Carter in the 2000 Olympics. New York traded Weis’ rights to the Rockets (for Patrick Ewing Jr.) in 2008. Weis retired in 2011, and Houston renounced him.

Leon Smith (No. 29 pick in 1999 by Spurs)

The Mavericks acquired Smith in a draft-night trade, and the player who jumped straight from high school struggled in every respect. He clashed with coaches and management, attempted suicide and got arrested twice before being released during his rookie season. It’s a sad tale. Smith later had short stints with the Hawks and Sonics.

Travis Knight (No. 29 in 1996 by Bulls)

Knight never even signed a contract. Chicago renounced him rather than giving him the required three-year guaranteed deal. He signed with the Lakers and made the All-Rookie second team. That led to a more lucrative contract with the Celtics, and Knight also played for the Knicks in a seven-year NBA career.

Pelicans keep Lance Stephenson, waive Alonzo Gee

ATLANTA, GA - OCTOBER 18:  Lance Stephenson #5 of the New Orleans Pelicans drives against Kyle Korver #26 of the Atlanta Hawks at Philips Arena on October 18, 2016 in Atlanta, Georgia.  NOTE TO USER User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Kevin C. Cox/Getty Images)
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Keep Alonzo Gee: $1,500,000.

Keep Lance Stephenson: $2,380,431.

The Pelicans opted for the more expensive – and more intriguing – option with their final roster spot.

Pelicans release:

The New Orleans Pelicans today announced that the team has waived forward Alonzo Gee.

This drops New Orleans’ roster to the regular-season limit of 15 players, including Stephenson.

Teams rarely give someone a guaranteed, above-minimum salary and then waive him the same offseason. But that’s what the Pelicans did with Gee. At least he’ll take home $1.4 million, more than his $1,379,400 player option would’ve paid had he opted in last summer.

Stephenson – with just $100,000 of his minimum salary guaranteed – adds much-needed playmaking with Jrue Holiday and Tyreke Evans both out. Though he has struggled since leaving the Pacers, Stephenson is still talented and relatively young. Maybe he re-finds his groove in New Orleans. It’ll at least be interesting to watch him try.

Report: Lamar Odom, Khloe Kardashian (engaged to Tristan Thompson) agree to divorce terms

Khloe Kardashian Odom, Lamar Odom
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Cavaliers center Tristan Thompson and Khloe Kardashian are reportedly engaged.

But some wondered: Isn’t Kardashian still married to former NBA player Lamar Odom?


Khloe Kardashian and Lamar Odom have officially signed off on their divorce, and all that’s left is a judge’s John Hancock … TMZ has learned.

Khloe and Lamar have reached a property settlement and each has now signed legal docs that were filed Friday.

Thankfully, that’s cleared up.

Report: Rockets management wanted to elevate Clint Capela over Dwight Howard last season, coach resisted

HOUSTON, TX - MAY 17:  Dwight Howard #12 of the Houston Rockets celebrates with General Manager Daryl Morey after they defeated the Los Angeles Clippers 113 to 100 during Game Seven of the Western Conference Semifinals at the Toyota Center for the 2015 NBA Playoffs on May 17, 2015 in Houston, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Scott Halleran/Getty Images)
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When he was starting at power forward next to Dwight Howard last season, Clint Capela looked like he could eventually supplant Howard as the Rockets’ starting center.

It happened this offseason with Howard leaving for the Hawks.

Houston apparently wanted it to happen even sooner.

Tim MacMahon of ESPN:

Houston Rockets management repeatedly pushed for Clint Capela to get more playing time at the expense of Dwight Howard last season, sources told ESPN, adding to the disharmony that played a prominent role in the team’s disappointing 2015-16 campaign.

Former Rockets interim coach J.B. Bickerstaff resisted complying with the wishes of general manager Daryl Morey and owner Leslie Alexander regarding a drastic reduction in Howard’s playing time. Team sources said Alexander never participated in the meetings with Morey and Bickerstaff but fully supported the general manager’s plan to prioritize Capela’s development.

League sources said input from face-of-the-franchise James Harden heavily influenced Houston management’s desire to decrease Howard’s minutes. However, team sources insisted that Harden was not involved in those discussions.

It’s believable Harden conspired against Howard. It’s also believable the Rockets covered for Harden.

Whoever was working against him, Howard clearly understood Houston planned to deemphasize him. Maybe he didn’t always handle that the absolute best way, but to a certain degree, he was just dealing with a difficult reality – one the Rockets should have foreseen.

It’s tough to tell an established star his role is being reduced. It’s far easier to tell a second-year player he must wait his turn. Houston’s management tried to take the harder path – and didn’t even get its own coach to comply, which only muddled the situation further.

The Rockets were coming off a run to the Western Conference finals, and amid so much chaos, still made the playoffs. This was a talented team that came too close to wasting a season due to internal dynamics.

And what does Houston have to show for its Howard plan? The Rockets didn’t trade Howard, didn’t get him to opt in (as they wanted him to do, according to MacMahon) and didn’t re-sign him. Capela will start now, but he’s not substantially more experienced playing center with other starters. Howard is in Atlanta, ready to help another team.

Prolonged breakups just aren’t healthy. Rip off the bandage or leave it on.