Amazingly, two of the deals turned out well. Conley signed what was, at the time, the richest contract in NBA history: a five-year, $153 million deal to stay with us in Memphis. He played well enough to return two first-round picks near the end of that contract. And James Ennis signed with us on a two-year, $6 million deal for our cap room exception. He ended up starting for us in the playoffs . Alas, the other deal didn't work out so well: Chandler Parsons signed a four-year, $94 million deal with us that, of course, went down as one of the biggest lemon contracts in NBA history. I won't get into the details of how that decision came about, but I will say that we weren't alone. That day, several of the worst contracts of the current century came into being.
This article originally appeared on Hoops Hype: Amazingly, two of the deals turned out well. Conley …

