Current:Home > NewsStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -FutureFinance
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
View
Date:2025-04-12 08:52:45
And you thought Tom Brady had a short retirement last year.
Washington Nationals pitcher Stephen Strasburg’s scheduled retirement lasted all of 14 days.
Strasburg was planning to officially retire Saturday with a lavish press conference at Nationals Park – and a uniform retirement ceremony penciled in for next year.
Instead, the Nats informed Strasburg and his representatives on Thursday that wouldn't be happening, according to two persons with direct knowledge of the talks.
The original agreement was that Strasburg would retire with his seven-year, $245 million contract intact. He would still be owed $105 million, with deferred payments through 2029.
FOLLOW THE MONEY: MLB player salaries and payrolls for every major league team
The Nationals, who originally broached the idea of retirement, told Strasburg’s agent Scott Boras that they had changed their mind – with no explanation.
The persons spoke to USA TODAY Sports on the condition of anonymity due the sensitivity of the situation.
“He signed a seven-year deal, he’s got (3.5) years left on the deal," Nats GM Mike Rizzo told 106.7 The Fan on Wednesday, “and he’ll get paid for those four years on the deal until he makes a decision on what his future’s going to be.’’
So even though Strasburg hasn’t thrown a pitch since June 2022, undergoing surgery for thoracic outlet syndrome in 2021, he will remain gainfully employed on the Nationals’ roster.
Strasburg, 35, who has pitched made just eight starts and pitched 31 ⅓ innings the past four seasons, can claim his locker, work out at their facility, and who knows, maybe even report to spring training in February.
Strange times.
This is the latest move by Nats’ ownership to reduce their payroll. They recently informed at least 10 scouts that they would not have their contracts renewed and assistant GM Johnny DiPuglia resigned last weekend when they attempted to reduce his salary. They also have yet to finalize a contract extension for Rizzo, whose contract expires after the season.
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 was constantly plagued by injuries during his 13-year career, making at least 30 starts just three times.
The Nats did not cover Strasburg’s contract with an insurance policy.
veryGood! (71652)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Gas prices are falling -- and analysts expect them to drop much further
- Rumer Willis Has a Message for Nasty Trolls Sending Her Hateful Comment
- How did Uruguay cut carbon emissions? The answer is blowing in the wind
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- French judges file charges against ex-President Nicolas Sarkozy in a case linked to Libya
- Mortgage rates haven't been this high since 2000
- How Gwyneth Paltrow Really Feels About Ex Chris Martin's Girlfriend Dakota Johnson
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Crocs unveils boldest shoe design yet in response to fans, just in time for 'Croctober'
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Myanmar’s top court declines to hear Suu Kyi’s special appeals in abuse of power and bribery cases
- Police bodycam video shows arrest of suspect in 1996 killing of Tupac Shakur
- Puerto Rican man who bred dogs for illegal fighting for decades sentenced to 7 years in prison
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Stricter state laws are chipping away at sex education in K-12 schools
- Biden administration hasn't changed policy on border walls, Mayorkas says
- Myanmar’s top court declines to hear Suu Kyi’s special appeals in abuse of power and bribery cases
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Beyoncé unveils first trailer for Renaissance movie, opening this December in theaters
Morocco begins providing cash to families whose homes were destroyed by earthquake
Morocco begins providing cash to families whose homes were destroyed by earthquake
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
A Texas killer says a prison fire damaged injection drugs. He wants a judge to stop his execution
Nevada jury awards $228.5M in damages against bottled water company after liver illnesses, death
Palestinians march at youth’s funeral procession after settler rampage in flashpoint West Bank town