Back in July, Richard Jefferson opted out of the final year of a contract that would have paid him $15 million for the 2010-11 season. Leading financial experts immediately agreed that $15 million was about $15.5 million more than Jefferson was actually worth, which made RJ look like the world's biggest sucker...

...until the San Antonio Spurs bailed his dumb ass out with a four-year, $38.8 million deal that made some of Kelly Dwyer's tender parts shrivel and die. That's a lot of years and a lot of money for a rapidly declining 30-year-old who shot 31 percent on threes last season and compiled a Player Efficiency Rating of 10.9 in 10 playoff games. According to this handy reference guide, that PER puts him somewhere between "scrounging for minutes" and "definitely renting."

Of course, ESPN's John Hollinger explained that Jefferson's new contract actually saves the Spurs a Shaqload of money this season, which means the whole thing kinda-sorta makes sense until you remember that they're still going pay Jefferson almost $40 million over the next four seasons.

So how did Jefferson celebrate this wonderful manna from heaven? By going on vacation with his homeboys of course! From MediaTakeOut via Basketbawful reader anne:

Okay, seriously: What's with the bulges? Because unlessthis picture was taken by a naked Scarlett Johansson...
In case the image above caused irreparable damage to your optic nerves, I should point out that it also features Kareem Rush, former University of Missouri basketball player and son of Nuggets Owner Josh Kroenke, Luke Walton -- Luke Walton wearing tiny purple shorts -- and two other men that should be beaten to death with heavy, wooden things.

MediaTakeOut described this pic as "Richard Jefferson and his boys looking sweeter than a bag of jellybeans." Personally, I think the group looks cuter than this Hello Kitty with Sky Blue Dolphin toy. But maybe that's just me.

Note: Apparently this pic made the rounds a few weeks ago. Doesn't matter. There's no expiration date for making fun of crap like this.

Labels: Luke Walton, Richard Jefferson, totally but unintentionally gay

While you are recovering from your Livin' Large hangover, here are a few Bawfulitos that are worth mentioning:

• Remember kids: If you work hard and stay in school, you may someday live next door to the $3 million dollar Los Angeles summer villa owned by one of the worst draft picks in league history. Only because you're his personal gardener.

• The WNBA is making a comeback! Not only is scoring is at an all-time "high", there was an actual dunk sighting during last week's WNBA All Star Game! Also, last year's champs, the Detroit Shock, were invited to The White House, presumably for the unveiling of Barack Obama's "Cash for Boredom" stimulus package.

• Apparently, when an exhibition game between Canada and Italy is described as "friendly", that means there is a very good chance that someone will get punched in the back of the head.

• In a case of epic superdickery, Richard Jefferson broke up with his fiancee just days before their wedding. Via e-mail no less! But this shouldn't come as much of a surprise. Anyone who's followed the Bucks or Nets knows that RJ has been mailing it in for years.

• Blue-chipper Mark Madsen is stuck in the middle of a domain name theft investigation, after paying $111,000 for the stolen domain name P2P.com on Ebay. Some news stories are describing Madsen's involvement as "a good faith purchaser" of the stolen goods. Very similar to how the Timberwolves were "good faith purchasers" of talentless goods back in 2005.

• Starbury has discovered the internets. Things do not go well.

Labels: fights, Kwame Brown, Mark Madsen, Richard Jefferson, Stephon Marbury, WNBA