Maddux Sports Blog

NBA free agency is underway, but it doesn’t get going nearly as aggressively as it does in the NHL. The free agency period starts at noon eastern time on July 1st, and money flies around like crazy. The 30 teams in the NHL have spent more than a billion dollars in the last three years combined on the first day alone, and this year was no slower. Here’s a look at the impact of the big deals today and those that came just before players became free agents:

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The Redskins must operate in a different reality than the rest of us. Most people would look at their recent history – a dizzying number of high priced free agents have produced nothing but heartache – and learn from it. Not Daniel Snyder and company. Free agency had only just begun when the Redskins spent the first $154 million. $154 million! They signed Albert Haynesworth to a $100 million deal that could be worth as much as $115 million if he performs well over the course of the deal. The chances are almost none that it will play out over the whole contract, but what is particularly ridiculous about this deal is the amount of (more…)