I disagree about Michael Douglas being the worst supporting actor.
Everything else I'm willing to agree might fit, but Douglas did a fine job. It's a weak film, so I won't say he did amazing, but Douglas wasn't the issue with this film.
You're already giving the Razzies more credit than they deserve. They're an unpopularity contest and they don't even pretend otherwise. They just pile on what's hot.
That's what they do. They include inflammatory picks to get you to talk about it. Specifically they love to pick good actors in bad movies to cause controversy.
It's amateur, tabloid, awards that people take too seriously.