Phillies give Matt Strahm extension, trade Jake Cave to Rockies

Philadelphia Phillies left-hander Matt Strahm agreed to a contract extension through the 2025 season, the team announced Sunday.

Financial terms were not disclosed on the deal for Strahm, however the club holds a vesting option for the 2026 season.

Also on Sunday, the Phillies traded outfielder Jake Cave to the Colorado Rockies for cash considerations. The Rockies, in turn, placed right-hander German Marquez (elbow) on the 60-day injured list to make room on the 40-man roster for Cave.

Strahm, 32, posted a 9-5 record with two saves and a 3.29 ERA in a career-high 56 appearances (10 starts) last season, his first with Philadelphia. He worked seven scoreless appearances (5 1/3 innings) during the Phillies' postseason run through the National League Championship Series.

Strahm owns a 26-33 record with six saves and a 3.69 ERA in 263 career appearances (35 starts) with the Kansas City Royals (2016-17), San Diego Padres (2018-21), Boston Red Sox (2022) and the Phillies.

Cave, 31, batted .212 with five homers and 21 RBIs in 65 games last season with Philadelphia.

He is a career .231 hitter with 38 homers and 139 RBIs in 400 games with the Minnesota Twins (2018-22) and Phillies.