i dont feel like a 1 year contract can be a bad deal, you can mess up with them but you get a redo the very next off season. maybe it can be 'bad' but by default i would say it cant be worse then any 2+ year contract in which at least 2 years are fully guaranteed.
i would have loved to see a 1 year deal with team and player options for each of the next 3 years. say 9/12/14 for team options and 5/7/10 for the player options. maybe with only 5 million of the last year guaranteed so that we could cut him and not get totally killed on the cap.
The problem with 1 year deals is that they are just plain expensive.
Players quite rightfully want more per year when signing for 1 year deals because they put their bodies at risk. If I'm Joe Player and my choice is 2 years at 6M with one team versus 1 year at 9M with another team, I take the 2 years. Its more total money. There is no guarantee I wouldn't get hurt and end my career during either contract. So I take the biggest guaranteed contract I can get, even if it is less per year.
The net effect is that if you try to assemble a team with 1 year contracts, you have to pay a premium in annual salary. And then you run into the salary cap and, in our case, the luxury tax hard cap.
If Danny had tried to do that, we would have either ended up way over the LT threshold, which would have cost Wyc a ton of money and made him very grumpy, or Danny would have probably not been able to sign all of Bass, KG, Green, Terry & Lee.
There are exceptions to this, of course. Established players looking for a ring. Players looking to re-establish their value in a new situation. Etc. But in general, that's the trend: Short contracts cost more per year than longer ones.