Matt Strahm Secures $7.5 Million Extension with Phillies for 2025

The deal includes a team option for 2026, while outfielder Jake Cave is traded to the Rockies for cash.

Matt Strahm and the Philadelphia Phillies have agreed on a $7.5 million contract extension for the 2025 season, with an option for 2026.
Strahm, a left-hander, had a 9-5 record with a 3.29 ERA and two saves last year in 56 appearances, including 10 starts.
He also played a key role in the Phillies' postseason, pitching 5 1/3 scoreless innings over seven games and securing a save in the NL Division Series-clinching win against Atlanta.
The Phillies traded outfielder Jake Cave to the Colorado Rockies for cash considerations.
Cave had a .212 batting average with five homers and 21 RBIs in 65 games last season.