Current:Home > InvestStephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -TrueNorth Finance Path
Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
View
Date:2025-04-14 13:14:56
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! (7)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Ohio sheriff deletes online post about Harris supporters and their yard signs after upset
- Maryland sues the owner and manager of the ship that caused the Key Bridge collapse
- Jury awards teen pop group OMG Girlz $71.5 million in battle with toy maker over “L.O.L.” dolls
- DoorDash steps up driver ID checks after traffic safety complaints
- Sean “Diddy” Combs Moved Into Same Jail Housing Unit as Disgraced Exec Sam Bankman-Fried
- Who's in the disguise? Watch as 7-time Grammy Award winner sings at Vegas karaoke bar
- Senate chairman demands answers from emergency rooms that denied care to pregnant patients
- What do we know about the mysterious drones reported flying over New Jersey?
- Julianne Hough Reveals Her “Wild” Supernatural Abilities
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Pac-12 Conference files lawsuit against Mountain West over potential 'poaching fee'
- Yelloh, formerly known as Schwan's Home Delivery, permanently closing frozen food deliveries
- NYC schools boss to step down later this year after federal agents seized his devices
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- In effort to refute porn-site message report, Mark Robinson campaign hires a law firm
- Ex-officer charged with couple’s death in Houston drug raid awaits jury’s verdict
- Pac-12 might be resurrected, but former power conference is no longer as relevant
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
A bitter fight between two tribes over sacred land where one built a casino
Shailene Woodley Shares Her Beef With Porn as a Very Sexual Person
Marvel Studios debuts 'Thunderbolts' teaser trailer, featuring Florence Pugh and co-stars
Why members of two of EPA's influential science advisory committees were let go
New Hampshire woman to plead guilty in the death of her 5-year-old son
Young Dolph was killed in an alleged hit put out by Yo Gotti's brother, prosecutors claim
Climate Week 2024 underway in New York. Here's what to know.