Current:Home > FinanceStephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -FutureProof Finance
Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
View
Date:2025-04-14 02:28:23
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! (891)
Related
- Meet first time Grammy nominee Charley Crockett
- Amur tiger dies in tragic accident at Colorado zoo
- 'Bottoms' lets gay people be 'selfish and shallow.' Can straight moviegoers handle it?
- Man charged with hate crime for destroying LGBTQ Pride flags at Stonewall National Monument
- Rylee Arnold Shares a Long
- Senate GOP leader Mitch McConnell appears to freeze up again, this time at a Kentucky event
- Nebraska governor signs order narrowly defining sex as that assigned at birth
- 'Bottoms' lets gay people be 'selfish and shallow.' Can straight moviegoers handle it?
- The Daily Money: Spending more on holiday travel?
- American Airlines flight attendants take key step toward possible strike
Ranking
- Arkansas State Police probe death of woman found after officer
- Millions of workers earning less than $55,000 could get overtime pay under Biden proposal
- Couple arrested for animal cruelty, child endangerment after 30 dead dogs found in NJ home
- Biden stresses need to prepare for more climate disasters like Hurricane Idalia, Maui fires in speech today
- Small twin
- What to know about the impeachment trial of Texas Attorney General Ken Paxton
- 3 Albuquerque firefighters accused of raping woman at off-duty gathering
- The Fate of Elle Fanning's The Great Revealed
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
The Fate of Elle Fanning's The Great Revealed
Out of work actors sign up for Cameo video app for cash
Prosecutors drop felony charges against Iowa man who had guns, ammunition in Chicago hotel room
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Bengals coach Zac Taylor dispels idea Joe Burrow's contract status impacting availability
Los Angeles Rams downplay notion Matthew Stafford struggling to ‘connect’ with teammates
Tampa Bay area gets serious flooding but again dodges a direct hit from a major hurricane.