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Stephen Strasburg gets 7-year, $175M extension

By The Sports Xchange
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Stephen Strasburg gets 7-year, $175M extension
Washington Nationals starting pitcher Stephen Strasburg (37) pitches against the Detroit Tigers in the seventh inning at Nationals Park in Washington, D.C. on May 9, 2016. Photo by Kevin Dietsch/UPI | License Photo

Stephen Strasburg and the Washington Nationals agreed to a seven-year contract extension worth $175 million, multiple media outlets reported Monday night.

A press conference to announce the signing reportedly will be held Tuesday.

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The deal includes deferrals and "rolling" opt-out clauses after the third and fourth seasons, per Jon Heyman of MLB Network. Strasburg can also earn up to $1 million in bonuses each year, which could increase the total value of the contract to $182 million, according to Heyman.

Strasburg, 27, was the first overall pick in the 2009 amateur draft. The 6-foot-4 right-hander is 59-37 with a career 3.06 ERA and 948 strikeouts in 818 2/3 innings over seven seasons with the Nationals. He was an All-Star in 2012 and finished ninth in Cy Young Award voting in 2014.

This season, Strasburg is 5-0 with a 2.36 ERA (42 innings) and 47 strikeouts in six starts.

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