steven strasbourg, a record setting contract. some reports suggest the offer would be between 14 to 16 million dollars. he believes there is a real possibility that strasbourg may not sign. meanwhile, last night a win thanks to a pitcher. in cincinnati. yeah. a head scratcher right there. why wouldn't you sign. and mott, six innings. help from the defense. ryan zimmerman. bare hand. to first. gets him. tavarez. not fast enough. take a look. so nice. twice. zimmerman did not get a hit. snapping the 16-game hitting streak. still no score. ronnie belliard at the plate. changes that with one swing. send the shot to the upper deck in left. great american ballpark. belliard's, fourth home run. take a 1-0 lead. that's all they needed. that's not the case. last night it was. bottom of the fifth. paul janice up with two on. singles. fleiss play. second win of the season. shut out the red. 2-0, talking football now. michael vick. and clearly split. yesterday the cover of the philadelphia daily news read hide your dogs. reebok official unif

stephen strasbourg, four year, $15 million deal $7.5 million signing bonus. meanwhile, tonight the nationals stayed in the game until the end against the rockies. couldn't hold a lead. they snapped their three-game winning streak. falling 4-3. nationals park. bottom of the second inning. two on for nationals pitcher, trying to make something happen. helps himself out. send it down the right field line. alberto gonzalez. comes around to score. tie the game at 1-1. and end up on second with the double. his fourth major league rbi. top of the fourth. nationals up 2-1. got help, zimmerman. zimmerman. bare hand it. send it to first. yeah, good stuff for the out. likes it. but, you know what, he wouldn't like this. we are in the top of the eighth. game is ties at two. in the bullpen. the first pitch he throws. carlos gonzalez. takes all of it. rockies take the lead. 3-2. rockies beat the nats. jim riggelman. their winning streak snap of players. talking getting strasbourg signed. >> i am excited. i don't want to put any pressure on him. you have to do this now. you

they did sign stephen strasbourg. he is supposed to be very special. they signed him for men -- $50 million. he is supposed to be the best hurler although he will not pitch at this level until next season. >> it is nice to get it done. >> everyone is serious about winning and we are not just a joke. the team is going to compete. >> it will be a foundation for the team in the future. starting n we're playing better ball. >> the fans are pumped up about that and are pumped up about the fact that nationals have 111 of 14 ball games. they are going out for their ninth straight home win. let's go on to football. how about brett favre of signing with the minnesota vikings? the future hall of famer signed a deal that will pay him $12 million. he was on the field this afternoon. he will start friday night in the exhibition game against the kansas city chiefs and his teammates are fired up. >> he can bring a lot to the team. he does bring a lot to the team. we cannot win -- wait to get to work. >> the washington redskins continued to work toward saturday night'

introducing stephon strasbourg. any body with a tick it can attend. redskins training camp most part is over. no more two a days and no major injuries any nfl coach will tell you is a victory. now the red skins would look to see some progress. especially on offense. jim zorn says he will play his starters until he sees something good against the steelers saturday night. he is hoping that doesn't take more than a quarter. training camp no picnic. zorn cognizant. keep his guys fresh and healthy. he had shorter practices. he would let some of the veterans banged up. practice once a day. which is much appreciated by the players. now we have to see if the philosophy pays off. mikefident it will. now he has to celebrate the end of camp. >> cold tub. nice beer the what do you do after the last two a days. >> i forgot what beer tastes like. it's been so long since i had one. but it's nice, man. it was, a great -- coach took great care of us. gave us a lot of tomb ofime off. to recuperate. gave us the night off. one of the best i have been in. >> my experience

along with ryan zimmerman, strasbourg is the face of that future. >> that is the whole point of the draft. so now we're going in the right direction, committed to doing better and spending money. >> now if you could just tired or gm. that loss came last night, they will play colorado again tonight on south capitol street. he slips into right field, -- oh, my what a catch. a tough day at redskins park. mike williams will probably not play against the steelers on saturday night, because is the offensive line that has everybody concerned. it is an area that has to be improved. jason campbell is the first to tell you he needs protection. the offense has to be able to run in read them and throw on time. -- in rhythm, and trhow on time. -- and throw on time. >> we need to get points on the board, get a couple of drives the other. >> his first day with the minnesota vikings was the only -- the geriatric quarterback says he still has it good. he was much sharper today than yesterday, and he got everybody's attention with his arm strength. favre is feeling good, ready to start friday night against

they have to sign the top draft pick by midnight or they lose the right to steven strasbourg. it is not just about him. it is about the credibility of the franchise. the of the worst record in all baseball. if they fail to sign him, it will be a public-relations disaster. to their credit, they have reportedly ofered more than $20 million. to be fair, it is not all on the club. he and his agent have to deal in good faith. i will give you the latest and 11 call. >> the raven's continue to work forwd. they will play the steelers on saturday night. they gave a lot of young guys a chance to play. the skins starters have taken up a notch. they have to be quicker d more physical. they have to stop making mistakes. >> we have made a lot of mistakes. we have to cut that out. we need to score more points if we want to win. we need to see progress. >> he is right. i took a trip t westminster this morning to spend time with the ravens. their practices are physical and competitive. the run and organized practice with a team that looks like it was 13 and 5 last season. >> i would say it is

he led with strasbourg's agent. scott boris. and made moves. taking over the gm position. on the interim basis. on the field. things not so rosie. thing things did not go well. makes him pay. gonzalez and dexter score. the worst outing of his career. fifth inning. nice piece of hitting. he goes opposite field. guz mab was on first. he is fast. moving. chugs all the way home. 4-3 ball game. 80 of the season for zimmerman. same score. strikes out. adam dunn. nationals. fall, 5-4. the final game of the series is tomorrow night. tampa now. o's taking on the rays. chris pillman on the hill. was not a night to remember for tilghman. pat burrell gets good wood on this one. sneaks over the wall. home run. 12th of the year. three solo homers in the ball game. so things could be a little bit better for the os. not happening. bases loaded in the fifth. no outs. and lines this one right up the middle. melvin moore back to second. bartlet bobbles, goes home. still gets the out. what a good throw that was. and at home plate. os would not score in the inning. they go on to lose, 3-1. fol

strasbourg is considered a cannot miss prospect. the national said it did not want to pay more th $12 million. >> they said he wanted $50 million. >>> time for a check on business news with linda bell. >> good morning. it is being called the largest credit-card hacking situation. a man from miami and two hackother men are being charged. gonzales was a federal informant. this is -- this is a -- king much better this morning but then the work yesterday. futures are indicating a higher open. we may get some upbeat news on the housing market this morning. at the fastest pace in eight months. july housing starts will be released this morning. we will also be getting a report on july producer prices. that is your business news. live at bloomberg headquarters in new york, i am linda bell. doug and alison, back to you. >> thank you. >>> 5:27. the news continues. >> a new report says local car- sharing service is not saving anyone money. some leaders are putting the brakes on the program. >> after a massive market lost, how well investors re

. >>> mike rizzo pulled off the biggest personnel move today with the signing of stephen strasbourg. >> strange reports began circulating that the deal would be his last. would he be replaced? it turns out he was being promoted. he will take the gm title this afternoon. >>> time for the latest headlines in business news. >> linda bell joins us live from new york. >> good morning to you. the huge government deficit the government is running may be smaller than do think. the deficit will total 1.58 trillion dollars. it is about to wanted $62 billion less than forecast the back in may. the official announcement will come next week when the white house releases its annual budget review. if you need a new dishwasher, it is a sort of cash for clunkers plan for appliances. up to $300 million will be able to subsidize consumer purchases of energy efficient appliances. that means rebates of up $200 per appliance. as for trading, take a look. it looks like we're setting up for a higher open. if we open higher today, it will be three straight days of increases. that is your business news. live

steven strasbourg will get $50 million over the next four years making him the highest-paid draft pick in baseball. good news for washington. they signed the no. 1 pick last year. >> here is the latest on traffic. we are dealing with some of the same stuff we have been dealing with all morning. a downed tree is blocking lanes on the road. southbound bellaire road is closed. they are alternating traffic on the northbound lane. that could cause some problems with an increase in volume and congestion there. an accident in glen burnie is closing roads. we will give you a live look at the beltway. things are moving just fine on pulaski highway. everything is fine north and southbound on this highway. that is the latest. over to you. >> it will be another hot and humid day outside. here is a look at radar right now. some increase in clouds. we will start with the sunshine. more plows by lunchtime. some isolated showers are possible this afternoon and evening. a few downpours could be possible. we will talk about how long this storm weather pattern will last later in the forecast. >> thank yo

. >>> the nationals have until midnight tonight to come to terms with pitching phenom steven strasbourg draft pick. the nats have a $17 million deal on the table. it would be the most money ever for a rookie. still, his agent is reportedly asking for more money and the nats president says there is a very real possibility that the team might not sign that number one pick by midnight. >> it all comes down to dollars and cents. >>> the bad economy is being felt in more than just the united states. fewer jobs here is turning a number of villages in mexico into ghost towns. we'll look at that. >> we'll take a look at the growing concerns. that is coming up at 6:00.