Current:Home > InvestStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -Secure Horizon Growth
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
View
Date:2025-04-13 14:03:02
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! (7881)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Should I rake my leaves? It might be more harmful than helpful. Here's why
- Why Eminem Didn’t Initially Believe Daughter Hailie Jade’s Pregnancy News
- Golden Bachelorette's Guy Gansert Addresses Ex's Past Restraining Order Filing
- Meet first time Grammy nominee Charley Crockett
- Watch: Rick Pitino returns to 'Camelot' for Kentucky Big Blue Madness event
- R. Kelly's Daughter Joann Kelly Alleges Singer Sexually Abused Her as a Child
- North West proves she's mini Ye in Q&A with mom Kim Kardashian: 'That's not a fun fact'
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- TikTok was aware of risks kids and teens face on its platform, legal document alleges
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- North West Reveals Fake Name She Uses With Her Friends
- Christina Hall's Ex Josh Hall Trying to Block Sale of $4.5 Million Home
- NFL Week 6 bold predictions: Which players, teams will turn heads?
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Georgia election workers settle defamation lawsuit against conservative website
- For Olympians playing in WNBA Finals, 'big moment' experience helps big-time in postseason
- Your 12-foot skeleton is scaring neighborhood dogs, who don't know what Halloween is
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Opinion: SEC, Big Ten become mob bosses while holding College Football Playoff hostage
'I was very in the dark': PMDD can be deadly but many women go undiagnosed for decades
Mauricio Pochettino isn't going to take risks with Christian Pulisic
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Pittsburgh football best seasons: Panthers off to 6-0 start for first time in decades
TikTok content creator Taylor Rousseau Grigg died from rare chronic condition: Report
Ultimate Guide to Cute and Affordable Athleisure: 14 Finds Under $60