Current:Home > StocksStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -Wealth Empowerment Zone
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
View
Date:2025-04-18 13:25:05
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! (1)
Related
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- 'Paid less, but win more': South Carolina's Dawn Staley fights for equity in ESPYs speech
- Diana Taurasi will have 2 courts named after her at Phoenix Mercury’s new practice facility
- Gypsy Rose Blanchard timeline: From her prison release to recent pregnancy announcement
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- Progressives look to Supreme Court to motivate voters in 2024 race
- Alec Baldwin trial on hold as judge considers defense request to dismiss case over disputed ammo
- Eddie Murphy and Paige Butcher Get Married in Caribbean Wedding
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- Poland’s centrist government suffers defeat in vote on liberalizing abortion law
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Nordstrom Quietly Put Tons of SKIMS Styles on Sale Up to 61% Off— Here's What I’m Shopping
- Tour helicopter crash off Hawaiian island leaves 1 dead and 2 missing
- Federal appeals court says there is no fundamental right to change one’s sex on a birth certificate
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Ohio mother dies after chasing down car with her 6-year-old son inside
- Layered Necklaces Are The Internet's Latest Obsession — Here's How To Create Your Own Unique Stack
- Chicago removing homeless encampment ahead of Democratic National Convention
Recommendation
A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
Houston community groups strain to keep feeding and cooling a city battered by repeat storms
Alabama agrees to forgo autopsy of Muslin inmate scheduled to be executed next week
Civil rights groups call for DOJ probe on police response to campus protests
Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
Want to improve your health? Samsung says, 'Put a ring on it!'
Carlos Alcaraz and Novak Djokovic will meet in the Wimbledon men’s final again
Eddie Murphy and Paige Butcher Get Married in Caribbean Wedding