Current:Home > ContactSignalHub-Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -FutureFinance
SignalHub-Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
SignalHub View
Date:2025-04-07 21:48:28
This time,SignalHub 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! (58)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Small plane spirals out of sky and crashes into Oregon home, killing two
- Slovakia begins border checks with neighboring Hungary in an effort to curb migration
- Millions of people are watching dolls play online. What is going on?
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- With an audacious title and Bowen Yang playing God, ‘Dicks: The Musical’ dares to be gonzo
- Biden admin is forgiving $9 billion in debt for 125,000 Americans. Here's who they are.
- With pandemic relief money gone, child care centers face difficult cuts
- Military service academies see drop in reported sexual assaults after alarming surge
- Your blood pressure may change as you age. Here's why.
Ranking
- All That You Wanted to Know About She’s All That
- A German far-right party leader has been taken to a hospital from an election rally
- You’ll Be Stupefied to Learn How Much Money Harry Potter Background Actress Made on the Movies
- Correction: Oilfield Stock Scheme story
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- iCarly Revival Canceled After 3 Seasons on Paramount+
- Honolulu airport flights briefly paused because of a medical situation in air traffic control room
- Man found dead after fishing in Southern California; 78-year-old brother remains missing
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
18-year-old school worker sought in random stabbing death
Brett Favre will testify under oath in Mississippi welfare scandal civil case
Saudi Arabian company contests Arizona's revocation, nonrenewal of water leases
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
FedEx plane crash lands after possible landing gear failure at Tennessee airport
Kenyan opposition lawmakers say the Haiti peacekeeping mission must be approved by parliament
Biden’s dog Commander no longer at White House after biting incidents