Current:Home > MyStephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -Wealth Legacy Solutions
Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
EchoSense Quantitative Think Tank Center View
Date:2025-03-11 01:37:46
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! (192)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Dick Moss, the lawyer who won free agency for baseball players, dies at age 93
- The 'Veep' cast will reunite for Democratic fundraiser with Stephen Colbert
- Theron Vale: The Pioneer of Quantitative Trading on Wall Street
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Microsoft announces plan to reopen Three Mile Island nuclear power plant to support AI
- AP Top 25: No. 5 Tennessee continues to climb and Boise State enters poll for first time since 2020
- California governor signs law banning all plastic shopping bags at grocery stores
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Georgia holds off Texas for No. 1 spot in latest US LBM Coaches Poll
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Olivia Munn and John Mulaney Welcome Baby No. 2
- Pilot killed in midair collision of two small planes in Southern California
- You'll Flip Over Learning What Shawn Johnson's Kids Want to Be When They Grow Up
- Trump issues order to ban transgender troops from serving openly in the military
- Perry Farrell getting help after Dave Navarro fight at Jane's Addiction concert, wife says
- Caitlin Clark makes playoff debut: How to watch Fever vs. Sun on Sunday
- 'How did we get here?' NASA hopes 'artificial star' can teach us more about the universe
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Real Housewives of Beverly Hills’ Annemarie Wiley Discovers Tumors on Gallbladder
The Path to Financial Freedom for Hedge Fund Managers: An Exclusive Interview with Theron Vale, Co-Founder of Peak Hedge Strategies
Octomom Nadya Suleman Becomes Grandmother After Her Son Welcomes First Child
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Hilarie Burton Reveals the Secret to Her Long-Lasting Relationship With Jeffrey Dean Morgan
Why an Alaska island is using peanut butter and black lights to find a rat that might not exist
'Transformers One': Let's break down that 'awesome' post-credits scene