Current:Home > InvestStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -TradeStation
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
Algosensey Quantitative Think Tank Center View
Date:2025-04-08 11:00:42
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! (4)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Rumer Willis Shares Nude Photo to Celebrate Jiggly Postpartum Body 3 Months After Giving Birth
- 7-year-old South Carolina girl hit by stray shotgun pellet; father and son charged
- Kentucky’s GOP candidate for governor unveiled his education plan. Tutoring is a big part of it
- Arkansas State Police probe death of woman found after officer
- Zooey Deschanel engaged to 'Property Brothers' star Jonathan Scott: See the ring
- DeSantis’ appointees ask judge to rule against Disney without need for trial
- Former NFL star Michael Oher, inspiration for The Blind Side, claims Tuohy family never adopted him
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- WeWork sounds the alarm, prompting speculation around the company’s future
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Heavy rains trigger floods and landslides in India’s Himalayan region, leaving at least 48 dead
- Heavy rains trigger floods and landslides in India’s Himalayan region, leaving at least 48 dead
- Election board finds no pattern of nomination signature fraud in Rhode Island US House race
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Peek inside this retired couple's semitrailer turned into a permanent home
- Blind Side Subject Michael Oher Addresses Difficult Situation Amid Lawsuit Against Tuohy Family
- The Federal Bureau of Reclamation Announces Reduced Water Cuts for Colorado River States
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
YouTube to remove content promoting harmful, ineffective cancer treatments
Oklahoma declines to discuss a settlement of Tulsa Race Massacre survivors’ lawsuit
What happens when thousands of hackers try to break AI chatbots
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Maui 'is not for sale': Survivors say developers want to buy land where their homes once stood
Alex Collins, former NFL running back and Arkansas standout, dies at 28
Read the full text of the Georgia Trump indictment document to learn more about the charges and co-conspirators