"He was already under contract for the 2024 season, with the new pact adding a $7.5MM salary for 2025. It also included a club option for 2026 with a $4.5MM base salary. Strahm could increase the value of that option by $1MM by getting to 40 innings pitched in 2025, then another $1MM for 50 innings. If he got to 60 innings, it would bump by another $1MM to $7.5MM. It would also become guaranteed, as long as he passed an end-of-season physical."
"He struck out 27.3% of batters faced while only giving out walks at a 7.8% pace. He recorded six saves and 22 holds, his fourth straight season getting to double digits in the latter category. Given his solid production, the Phils were probably going to trigger Strahm's option regardless, but he has now made it official. He'll return to the club next year and should serve as a key lefty reliever in the Philadelphia pen once more."
Matt Strahm passed his end-of-season physical, locking in a $7.5MM salary for 2026 under the Phillies’ contract terms. The March 2024 extension added $7.5MM for 2025 and a 2026 club option with a $4.5MM base that could escalate by $1MM at 40, 50, and 60 innings, becoming guaranteed if the physical is passed. Strahm pitched 62 1/3 innings with a 2.74 ERA, 27.3% strikeout rate, 7.8% walk rate, six saves, and 22 holds. The Phillies will also evaluate lefty options including Jose Alvarado’s $9MM club option or $500K buyout and Tanner Banks’ arbitration possibility.
Read at MLB Trade Rumors
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