Strasburg stays with Nats; record 7-year deal worth $245 million

SAN DIEGO -- World Series MVP Award winner Stephen Strasburg agreed to a seven-year contract with the defending champion Nationals on Monday, the first day of the Winter Meetings in San Diego. The deal is reportedly for a record $245 million. Watch a live stream of the announcement on nationals.com.

Strasburg’s deal -- which averages $35 million per season -- breaks two records, at least temporarily. David Price previously held the record for total dollars committed to a pitcher ($217 million), and Zack Greinke held the mark for average annual value for a pitcher ($34.4 million). However, Gerrit Cole remains on the open market and could make both of Strasburg’s records short-lived.

The contract also includes a full no-trade clause, a source told Feinsand. In 2020, Strasburg will reach the 10-5 threshold -- 10 years of service time in the big leagues, five with the same club -- which would automatically give him no-trade rights. But by identifying full no-trade status in his new contract, he'll maintain those rights even if he agrees to a trade during the life of his new deal.

https://www.mlb.com/news/stephen-strasburg-deal-with-nationals