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Building a roster of the cap era’s worst July 1 signings

So the first day of free agency has come and gone. How did your team do?

Probably not well. If history is any guide, your team either missed out on the big signings, or paid way too much to get in on them. If we’ve learned anything about July 1 in the salary cap era, it’s that jumping in with both feet on Day 1 of the open market can lead to a lot of regret. There are bargains, sure, and occasionally a team will sign a big-dollar deal that works out great. But those are exceptions. Most of the time, July 1 is the day that GMs do their very worst work.