Current:Home > FinanceStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -Dynamic Wealth Solutions
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
View
Date:2025-04-24 10:40:22
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! (4639)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- 'Can I go back to my regular job?' Sports anchor goes viral for blizzard coverage
- NFL 'Sunday Ticket' is headed to YouTube beginning next season
- Hotels say goodbye to daily room cleanings and hello to robots as workers stay scarce
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Manhunt on for homicide suspect who escaped Pennsylvania jail
- Amid blockbuster decisions on affirmative action, student loan relief and free speech, Supreme Court's term sees Roberts back on top
- The Shiba Inu behind the famous 'doge' meme is sick with cancer, its owner says
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Across America, Five Communities in Search of Environmental Justice
Ranking
- Average rate on 30
- In the West, Signs in the Snow Warn That a 20-Year Drought Will Persist and Intensify
- Southern Charm Star Taylor Ann Green's Brother Worth Dead at 36
- High School Graduation Gift Guide: Score an A+ With Jewelry, College Basics, Travel Needs & More
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- A Call for Massive Reinvestment Aims to Reverse Coal Country’s Rapid Decline
- U.S. destroys last of its declared chemical weapons
- Louisville’s ‘Black Lives Matter’ Demonstrations Continue a Long Quest for Environmental Justice
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards
German Election Prompts Hope For Climate Action, Worry That Democracies Can’t Do Enough
Newark ship fire which claimed lives of 2 firefighters expected to burn for several more days
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Union wins made big news this year. Here are 5 reasons why it's not the full story
Extremely overdue book returned to Massachusetts library 119 years later
You People Don't Want to Miss New Parents Jonah Hill and Olivia Millar's Sweet PDA Moment