Current:Home > MarketsStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -PureWealth Academy
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
View
Date:2025-04-24 16:42:05
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! (7255)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- West Virginia advances bill requiring foundation distributing opioid money to hold public meetings
- Natalia Grace GoFundMe asks $20,000 for surgeries, a 'fresh start in life'
- SEC approves bitcoin ETFs, opening up cryptocurrency trading to everyday investors
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Patriots have chance to make overdue statement by hiring first Black head coach
- Millions of tiny plastic nurdles prompt fears of major troubles in Spain after falling from vessel
- Paintings on paper reveal another side of Rothko
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Democrat announces long-shot campaign for North Dakota’s only U.S. House seat
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Kali Uchis announces pregnancy with Don Toliver in new music video
- Why does Iowa launch the presidential campaign?
- Balletcore Is the Latest Trend That Will Take First Position in Your Closet
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Congressional Office Agrees to Investigate ‘Zombie’ Coal Mines
- Original 1998 'Friends' scripts discovered in trash bin up for sale on Friday
- Michelle Troconis, accused of helping to cover up killing of Connecticut mother Jennifer Dulos, set to go on trial
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Michael Strahan's heartbreaking revelation comes with a lesson about privacy. Will we listen?
Taiwan's History of Colonialism Forged Its Distinct Cuisine
Jessica Simpson Recreates Hilarious Chicken of the Sea Moment With Daughter Maxwell
'Most Whopper
Feds charge eBay over employees who sent live spiders and cockroaches to couple; company to pay $3M
Tesla puts German factory production on hold as Red Sea attacks disrupt supply chains
US Virgin Islands announces it will build its first artificial reef to protect itself from storms