Current:Home > InvestStephen Strasburg retires, will be paid remainder of contract after standoff with Nationals -Ascend Finance Compass
Stephen Strasburg retires, will be paid remainder of contract after standoff with Nationals
View
Date:2025-04-13 11:13:43
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! (256)
Related
- Why members of two of EPA's influential science advisory committees were let go
- This Is What It’s Really Like to Do Jennifer Aniston's Hard AF Workout
- Sister Wives' Christine Brown Marries David Woolley
- Live updates | The Hamas attack on Israel
- Meet first time Grammy nominee Charley Crockett
- Starbucks announces seven store closures in San Francisco. Critics question why
- Judge rules man accused of killing 10 at a Colorado supermarket is mentally competent to stand trial
- British filmmaker Terence Davies dies at 77
- Senate begins final push to expand Social Security benefits for millions of people
- MLB's playoffs wreck even the best-laid pitching plans. The Orioles are ready to improvise.
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Virginia family sues school system for $30 million over student’s sexual assault in bathroom
- Russian lawmakers will consider rescinding ratification of global nuclear test ban, speaker says
- From runways to rockets: Prada will help design NASA's spacesuits for mission to the moon
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Vermont’s flood-damaged capital is slowly rebuilding. And it’s asking tourists and residents to help
- Sister Wives' Christine Brown Marries David Woolley
- The Shocking Saga of Gypsy Rose Blanchard and the Murder of Her Mother
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Kylie Jenner's Kids Stormi and Aire Webster Enjoy a Day at the Pumpkin Patch
An Egyptian appeals court upholds a 6-month sentence against a fierce government critic
US expels two Russian diplomats to retaliate for the expulsion of two American diplomats from Moscow
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
50 Cent, ScarLip on hip-hop and violence stereotype: 'How about we look at society?'
Suspect at large after woman found dead on trail in 'suspicious' death: Police
4 members of a Florida family are sentenced for selling a fake COVID-19 cure through online church