I think teams get close to being good or great and they identify a free agent who will make or break them. The guy is good and fills a need but multiple teams want him. A bidding war begins and the winner overpays; loaded with a large, long term contract. The team gets better but never best. After a few frustrating playoff losses, they blow up the team and start over.
It all beings with some needed piece and the GM panics.
John Paxson,
Don't panic!If the Bulls are eager to sign Joel Przybilla, they need to move quickly.
[...]
Przybilla ranks high on the Bulls' wish list. The Blazers want to
re-sign Przybilla but can offer him only the midlevel exception of
about $5 million because they are above the salary cap.
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