Current:Home > MarketsStephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -Prime Money Path
Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
View
Date:2025-04-17 08:07:15
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! (4)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Two men charged after 'killing spree' of 3,600 birds, including bald eagles, prosecutors say
- Andre Braugher died of lung cancer, publicist says
- Trevor Noah returns to host 2024 Grammy Awards for 4th year in a row
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Weird, wild and wonderful stories of joy from 2023
- Oprah Winfrey's revelation about using weight-loss drugs is a game-changer. Here's why.
- California regulators vote to extend Diablo Canyon nuclear plant operations through 2030
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Ex-FBI counterintelligence official gets over 4 years in prison for aiding Russian oligarch
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Why Drake and Camila Cabello Are Sparking Romance Rumors
- US agency concludes chemical leak that killed 6 Georgia poultry workers was `completely preventable’
- Wife of American held hostage by the Taliban fears time is running out
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Belgian tourist dies in an animal attack at Mexico’s Pacific coast resort of Zihuatanejo
- Cobalt is in demand, so why did America's only cobalt mine close?
- Nature Got a More Prominent Place at the Table at COP28
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Driving for work will pay more next year after IRS boosts 2024 mileage rate
Basketball star Candace Parker, wife Anna Petrakova expecting second child together
Family of woman who died in freezer at Chicago-area hotel agrees to $6 million settlement
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Justin Timberlake Says He Means “No Disrespect” Singing “Cry Me a River”
Israeli president speaks against 2-state solution ahead of meeting with U.S security chief
Theme weddings: Couples can set their love ablaze at Weeded Bliss