{"id":49558,"date":"2023-08-24T22:58:46","date_gmt":"2023-08-25T03:58:46","guid":{"rendered":"http:\/\/totfc.net\/?p=49558"},"modified":"2023-08-24T22:58:46","modified_gmt":"2023-08-25T03:58:46","slug":"revisiting-a-revisiting-post-stephen-strasburgs-wallet","status":"publish","type":"post","link":"https:\/\/totfc.net\/?p=49558","title":{"rendered":"Revisiting a revisiting post: Stephen Strasburg\u2019s wallet"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"border-image alignnone wp-image-49559 size-full\" src=\"http:\/\/totfc.net\/wp-content\/uploads\/2023\/08\/strasburg_owned.jpg\" alt=\"\" width=\"560\" height=\"319\" srcset=\"https:\/\/totfc.net\/wp-content\/uploads\/2023\/08\/strasburg_owned.jpg 560w, https:\/\/totfc.net\/wp-content\/uploads\/2023\/08\/strasburg_owned-300x171.jpg 300w\" sizes=\"auto, (max-width: 560px) 100vw, 560px\" \/><\/p>\n<p><span style=\"font-size: 12pt;\">Upon <a href=\"https:\/\/www.espn.com\/mlb\/story\/_\/id\/38252090\/source-nationals-world-series-mvp-stephen-strasburg-retire\">hearing the news<\/a> that Nationals pitcher Stephen Strasburg was planning to retire, it got me thinking about all the times I\u2019ve posted about him, because primarily, I\u2019ve always been fascinated with just how much money the Nationals have been willing to throw at him throughout history.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">A <a href=\"http:\/\/totfc.net\/?p=42353\">really long time ago<\/a>, I wrote about how the Nationals were taking a big gamble on the big contract they gave to Strasburg, which was a 7-year, $175 million dollar deal, where $45M of it was deferred money, and if there\u2019s one thing that my zero readers know always captures my attention, it\u2019s the topic of deferred money in baseball contracts.\u00a0 Between the lines, the post was critical and meant to ridicule the Nationals for putting themselves in a situation where they could be paying out the nose for a guy whom might not even be playing for the team at the time, because that\u2019s generally the risky nature of deferred money deals, the potential for embarrassment when a guy takes their talents elsewhere, but you\u2019re still on the hook for their supplementary income.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">But then <a href=\"http:\/\/totfc.net\/?p=47914\">just a long time ago<\/a>, I revisited that post to eat my crow and admit that the deal actually did pan out, because not only did the Nationals win the World Series that year, Stephen Strasburg himself pitched like a god-killer throughout the playoffs en route to the championship.\u00a0 I realized that in the crap shoot that is actually winning championships, just about any cost is worth it, if it actually pans out, to which the Nationals enjoyed the spoils of.\u00a0 And in the case of the Nationals, they paid the fuck out of Strasburg to keep him, and he actually delivered the baseball championship that the Nation\u2019s Capital so greatly wanted.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">However, since then, things changed yet again; mostly because I wasn\u2019t really paying attention, nor did I really examine the finer details upon learning of it, but apparently after the 2019 World Series championship, Stephen Strasburg opted out of his original 7\/$175M deal, and became a free agent, and the Nationals were quick to snap him back up, but it was going to cost them $245 million for the next seven years, and in typical Nationals fashion, was loaded full of deferred money, that would undoubtedly be due when he was either at the end of his career, or no longer playing.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">So for all intents and purposes, the crow I ate for criticizing the original 7\/$175M was short-lived, and we were moving onto a clean slate where the Nationals were undertaking another massive gamble where the clock was ticking on a 7-year window with zero World Series championships won.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">And this time, it didn\u2019t take long for the wheels to fall off this car, as between the start of the 2020 season to the present, Stephen Strasburg has pitched in just eight games, and completely ineffectively at that, going 1-4 with a 6.89 ERA.\u00a0 Not that I wish him any ill-will, but the poor guy was absolutely demolished by injuries, to his neck, nerves, wrist and ribs.\u00a0 Eventually, it turned out that he had thoracic outlet syndrome, and just nothing seemed to be working out in order to get him back into playing shape.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><!--more--><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Do the math, and he\u2019s literally been paid almost $10M <em>per start<\/em> since the start of his new deal, and regardless of the fault of the physical ailments, he\u2019s sucked.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">So despite the fact that his first big money contract should be considered a success since he did win a World Series while on it, his new contract is unfortunately on the table as being one of the worst contracts in baseball history.\u00a0 Furthermore, I learned that he\u2019s still going to be making $35M per year in \u201924, \u201925 and \u201926 which is suspect, and the only reason I can think that would happen is if he doesn\u2019t officially retire like Prince Fielder didn\u2019t, which is a massive ethical red flag, but not all baseball players are Gil Meche.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">But, because it turns out that the Nationals didn\u2019t insure the contract either, which would\u2019ve meant an insurance company would have had to reimburse the Nats somewhat, they\u2019re 100% on the hook for that remaining $105M, adding to the narrative that the Nats got hosed and that this is still potentially one of the worst contracts in baseball history.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Oh and it looks like the deferred money is still on the table too, where the Nationals are still going to remain on the hook for the three $26.7M installments they\u2019ll owe Strasburg in \u201927, \u201928 and 2029, so doing the math, and that\u2019s nearly $185M being paid to a non-player over the next six years.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Baseball really is the best sport.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Somewhere, Bobby Bonilla is going <strong><em>damn<\/em> <\/strong>when he finds out about this, and considering my general enjoyment of celebrating Bobby Bonilla Day, we will most definitely not be hearing the end of this, and should absolutely expect to see Stephen Strasburg\u2019s name in the brog in the future, and probably at least once a year, for the foreseeable future.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Upon hearing the news that Nationals pitcher Stephen Strasburg was planning to retire, it got me thinking about all the times I\u2019ve posted about him, because primarily, I\u2019ve always been fascinated with just how much money the Nationals have been willing to throw at him throughout history. A really long time ago, I wrote about &hellip; <a href=\"https:\/\/totfc.net\/?p=49558\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Revisiting a revisiting post: Stephen Strasburg\u2019s wallet<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[62,79,45,83,52,99],"class_list":["post-49558","post","type-post","status-publish","format-standard","hentry","category-brog","tag-baseball","tag-cashmoney","tag-fail","tag-observations","tag-owned","tag-reminiscing"],"_links":{"self":[{"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts\/49558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49558"}],"version-history":[{"count":1,"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts\/49558\/revisions"}],"predecessor-version":[{"id":49560,"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts\/49558\/revisions\/49560"}],"wp:attachment":[{"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}