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We've seen it two summers in a row now: Too much money chasing too few good players.

The giddy free-agent market of 2004 wasn't supposed to repeat itself in 2005, but if anything, it got worse. With several teams hoarding cash for a free-agent market that didn't contain a single superstar, the conditions were ripe for panic-stricken general managers to grossly overpay second-tier performers. They didn't disappoint us.

Out of all the millions committed to players with modest career accomplishments, it was my job to find the 10 most abominable contracts of the 2005 offseason.

So, starting at No. 10, here are the worst of the worst. Next to each, I've listed the player's contract dollars, stats per 40 minutes for 2004-05, and Player Efficiency Rating (PER, my rating of a player's per-minute statistical production). The league average PER is 15, but nine of these 10 players were below that mark last season.

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