Current:Home > StocksStephen Strasburg's planned retirement hits a snag as Nationals back out of deal -Wealth Empowerment Academy
Stephen Strasburg's planned retirement hits a snag as Nationals back out of deal
TradeEdge Exchange View
Date:2025-04-11 02:06:52
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! (442)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Yellowstone Creator Taylor Sheridan Breaks Silence on Kevin Costner's Shocking Exit
- This group gets left-leaning policies passed in red states. How? Ballot measures
- Robert F. Kennedy Jr. condemned over false claims that COVID-19 was ethnically targeted
- $73.5M beach replenishment project starts in January at Jersey Shore
- 39 Products To Make the Outdoors Enjoyable if You’re an Indoor Person
- United Airlines will no longer charge families extra to sit together on flights
- Kourtney Kardashian Seeks Pregnancy Advice After Announcing Baby With Travis Barker
- Highlights from Trump’s interview with Time magazine
- Transcript: Rep. Michael McCaul on Face the Nation, July 16, 2023
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- Delta Air Lines pilots approve contract to raise pay by more than 30%
- Houston’s Mayor Asks EPA to Probe Contaminants at Rail Site Associated With Nearby Cancer Clusters
- Soft Corals Are Dying Around Jeju Island, a Biosphere Reserve That’s Home to a South Korean Navy Base
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Titanic Sub Passenger, 19, Was Terrified to Go But Agreed for Father’s Day, Aunt Says
- North Dakota, Using Taxpayer Funds, Bailed Out Oil and Gas Companies by Plugging Abandoned Wells
- Citing an ‘Imminent’ Health Threat, the EPA Orders Temporary Shut Down of St. Croix Oil Refinery
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Warming Trends: Climate Divide in the Classroom, an All-Electric City and Rising Global Temperatures’ Effects on Mental Health
Alyson Stoner Says They Were Fired from Children’s Show After Coming Out as Queer
Inside Clean Energy: The Era of Fossil Fuel Power Plants Is Rapidly Receding. Here Is Their Life Expectancy
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
How the cats of Dixfield, Maine came into a fortune — and almost lost it
How AI technology could be a game changer in fighting wildfires
Was 2020 The Year That EVs Hit it Big? Almost, But Not Quite