Current:Home > MarketsStephen Strasburg's planned retirement hits a snag as Nationals back out of deal-DB Wealth Institute B2 Expert Reviews
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
View Date:2025-01-11 10:40:25
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! (86)
Related
- Kyle Richards Shares an Amazing Bottega Dupe From Amazon Along With Her Favorite Fall Trends
- The Best Amazon October Prime Day 2023 Deals Under $25
- Florida to release more COVID-19 data following lawsuit settlement
- Guatemala’s president threatens a crackdown on road blockades in support of the president-elect
- Eminem, Alanis Morissette, Sheryl Crow, N.W.A. and Janet Jackson get Songwriters Hall of Fame nods
- California is banning junk fees, those hidden costs that push up hotel and ticket prices
- Seager still going deep in Texas, helps send Rangers to ALCS with sweep of 101-win Orioles
- Vermont police search for killer of a retired college dean shot on trail near university
- Exclusive Yankee Candle Sale: 50% Off Holiday Candles for a Limited Time
- Georgia’s rising public high school graduation rate hits record in 2023
Ranking
- COINIXIAI Introduce
- Jamaican politician charged with abducting and raping a 16-year-old girl
- Video of traffic stop that led to Atlanta deacon's death will be released, attorney says
- Will Ferrell is surprise DJ at USC frat party during parents weekend
- Maryland man wanted after 'extensive collection' of 3D-printed ghost guns found at his home
- Prosecutors ask judge to take steps to protect potential jurors’ identities in 2020 election case
- Hamas’ unprecedented attack on Israel raises questions about the influence of its sponsor, Iran
- Alex Jones, Ronna McDaniel potential witnesses in Sidney Powell and Kenneth Chesebro’s Georgia trial
Recommendation
-
Rafael dissolves into a low pressure system in the Gulf of Mexico after hitting Cuba as a hurricane
-
Powerball $1.4 billion jackpot made an Iowa resident a multi millionaire
-
'The Voice': Reba McEntire loses 4-chair singer after sabotaging John Legend with block
-
Migrant mothers arriving in New York find support, hope — and lots of challenges
-
Chris Evans Shares Thoughts on Starting a Family With Wife Alba Baptista
-
104-year-old Chicago woman dies days after making a skydive that could put her in the record books
-
Voters in Iowa community to decide whether to give City Council more control over library books
-
Detained Wall Street Journal reporter Evan Gershkovich loses appeal in Russian court