October is finally here, and for baseball fans around the country that means one thing… PLAYOFFS. If your MLB team is lucky enough to make the postseason, then you are likely to be glued to the TV throughout the month rooting them on. One of the teams who did make the playoffs is the Washington Nationals. The Nationals have seen progress over the past few season and part of it is due to the stellar pitching of Stephen Strasburg. Stephen has spent all seven of his professional years with the Nationals and is coming off back to back 15 win seasons. Because of his success, Stephen Strasburg net worth tops out at $25 million.
At 29 years old, Strasburg has secured his standing as a top pitcher in the MLB. His professional career began in 2009 when the Nationals selected the pitcher as the first overall pick in the MLB draft. His initial four year $15.1 million contract was the highest of any rookie ever to that point. This initial contract helped to jump start Stephen Strasburg’s net worth. After signing a number of one year contracts with the team, Stephen was finally rewarded a long term contract with the organization. In May of 2016, Strasburg signed a seven year contract valued at $175 million. The contract is designed in such a way that gives Strasburg a player option beginning in the 2020 season. It also includes a performance bonus. The bonus is based on the number of innings he pitches during the regular season. If he exceeds 180.0 innings pitched, he is rewarded with a $1 million bonus.
In order to justify his new contract, Stephen went out and performed quite well during the 2016 season. He posted a 15-4 record and an ERA of 3.60. He followed it up with another stellar performance in 2017. For this current baseball season, he has another 15-4 overall record but has lowered his ERA to just 2.52. Since pitchers in the National League are required to bat, Strasburg even went so far as to hit two home runs during the 2017 season. He also was able to secure his third All-Star appearance this season representing the National League.
Stephen Strasburg net worth is due in large part to his career earnings while playing baseball professionally. To date, he has earned over $60 million in career earnings through the 2017 season. Strasburg is not a super flashy and well known player like his teammate Bryce Harper. Thus, he lacks a lot of the endorsement deals that come with big name players.
Strasburg is still quite young in terms of baseball’s longevity. We expect Stephen Strasburg’s net worth to continue to increase over the next years quite substantially. While his net worth sits at $25 million now, it can easily double in a few years time.
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.