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3 NBA players who bet on themselves and lost thousands and thousands

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Lately, the NBA’s salary cap has exploded, causing player contracts to go up with them. That’s made quite a lot of players quite a lot of money, and with the cap continuing to climb, it’s led to several players turning down big, life-changing contracts, considering that there’d be extra money available.

That’s worked most of the time, but there have been several players who thought they were going to secure a large payday only to blow their likelihood and find yourself signing for the minimum. Keep that in mind as we take a take a look at three players who bet on themselves and squandered away thousands and thousands.

NBA Player #1: Dennis Schroder

Speak about an eventful couple of seasons for Dennis Schroder. He was traded to the Los Angeles Lakers, where he played well, averaging 15.4 points and 5.8 assists, resulting in a giant 4-year, $84 million offer from the team. Surprisingly, nevertheless, he turned the Laker’s offer right down to attempt to use free agency as a approach to gain leverage, hoping to get them to supply him a max contract.

The Lakers didn’t, after all, and so they as a substitute traded for Russell Westbrook. Schroder then watched because the free agency money dried up and was forced to sign a one-year, $5.9 million take care of the Boston Celtics. By not taking the bird in hand, he cost himself a staggering $78 million, or $75.5 million when you deduct the minimum contract he just signed to return to the Lakers.

Barring something unexpected, like signing an enormous two-year deal after next season, he’s never going to get most of that a reimbursement. Fortunately, he looks to have the best attitude about what happened.

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