Current:Home > InvestStephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -Excel Wealth Summit
Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
View
Date:2025-04-14 01:12:13
This time, Washington Nationals starter Stephen Strasburg’s retirement is official.
Strasburg, who planned to retire last September with a lavish press conference at Nationals Park, only for the Nats to change their mind, this time is retiring Saturday with a simple clerical move on the MLB transactions page.
Strasburg, who has not pitched since June 9, 2022, still will receive the remaining $105 million owed from his original seven-year, $245 million contract, a person with direct knowledge of the situation told USA TODAY Sports.
The person spoke on the condition of anonymity because the team hadn't announced the terms of Strasburg's retirement.
The original contract was heavily deferred, $11.4 million annually, with Strasburg scheduled to receive $26.5 million in 2027, 2028 and 2029.
MLB SALARIES: Baseball's top 25 highest-paid players in 2024
As part of his retirement deal, the contract was restructured to further increase the deferrals.
Strasburg, 35, made just eight starts and pitched 31 ⅓ innings since signing his free-agent contract after helping lead the Nationals to the 2019 World Series title. He underwent surgery for thoracic outlet syndrome in 2021 and never fully recovered. The contract was uninsured, leaving the Nationals on the hook for the entirety.
Strasburg, the No. 1 draft pick in 2009, went 113-62 with a 3.24 ERA and was the 2019 World Series MVP, winning his two starts against the Houston Astros with a 2.51 ERA. He had a 1.46 ERA in six total postseason appearances in 2019.
Strasburg has occasionally worked out at the Nats’ facility in recent years, but has not thrown a pitch, and did not report to spring training in 2023 or 2024.
It’s unknown whether the Nats still plan to honor Strasburg with a retirement ceremony or simply let the transactions page close the page his injury-plagued career.
veryGood! (38)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- 90 Day Fiancé's Yara Zaya Breaks Down in Tears Over Her Body Insecurities
- Another Nipah outbreak in India: What do we know about this virus and how to stop it?
- Two Vegas casinos fell victim to cyberattacks, shattering the image of impenetrable casino security
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- New York City mayor gives Sean ‘Diddy’ Combs a key to the city during a ceremony in Times Square
- Elijah McClain case: Trial of two officers begins in connection with 2019 death
- Ukrainian President Volodymyr Zelenskyy to meet with Biden in U.S. next week
- Buckingham Palace staff under investigation for 'bar brawl'
- Spanish judge hears allegations of Franco-era police torture in a case rights groups say is a 1st
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Maui wildfire death toll drops to 97 from 115, authorities say
- Women’s World Cup winners maintain boycott of Spain’s national team. Coach delays picking her squad
- Court throws out conviction in case of bad truck brakes, girl’s death
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Jeezy files for divorce from Jeannie Mai after 2 years of marriage
- Biden announces more Iran sanctions on anniversary of Mahsa Amini death
- Baby dies at day care in New York City, 3 other children hospitalized
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Massachusetts woman indicted on charges that she killed her three children
Louisiana island town to repeal ordinance, let driver fly vulgar anti-Biden flag
Baby dies at day care in New York City, 3 other children hospitalized
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Jury clears 3 men in the last trial tied to the plot to kidnap Michigan Gov. Gretchen Whitmer
United Auto Workers go on strike against Ford, GM, Stellantis
Yankees reliever Anthony Misiewicz hit in head by line drive in scary scene vs. Pirates