Matt Strahm Clears Physical and Secures 2026 Option Guarantee
Philadelphia Phillies Secure Matt Strahm for 2026 Season
Matt Strahm’s Contract Extension Highlights
The Philadelphia Phillies have solidified their roster for the future by securing left-handed pitcher Matt Strahm through the 2026 season. Strahm cleared the necessary end-of-season physical checkpoint, ensuring his $7.5 million salary next year. Initially agreeing to an extension in March 2024, Strahm was already locked in for the 2024 season, with the new agreement adding the 2025 and a crucial club option for 2026.
Performance Incentives in Play
The extension offers a base salary of $4.5 million for 2026, with performance incentives that could ultimately boost his earnings. Strahm can raise the option’s value by up to $3 million—an increment of $1 million each for pitching 40, 50, and 60 innings in 2025. Meeting these innings milestones not only increases his salary but also guarantees the option, contingent on passing another end-of-season physical.
Stellar 2023 Stats Bolster Phillies’ Decision
Strahm’s 2023 season performance undoubtedly influenced the Phils’ decision to secure him long-term. He pitched 62 1/3 innings, maintaining an impressive 2.74 ERA. His strikeout rate hit 27.3%, with a walk rate neatly contained at 7.8%. Complementing these stats, Strahm achieved six saves and secured 22 holds, marking his fourth consecutive season reaching double digits in holds.
Key Decisions Await the Philadelphia Bullpen
While Strahm remains a fixture in the bullpen, the Phillies face crucial decisions concerning their other left-handed pitchers. José Alvarado stands at the forefront with the option to return under a $9 million club option, in contrast to a potential $500,000 buyout. Despite his strong showing, boasting a 3.81 ERA and 28.1% strikeout rate, Alvarado’s availability was hindered by an 80-game PED suspension and a forearm strain, limiting him to 26 innings.
On the other hand, Tanner Banks had a reliable 3.07 ERA performance and is eligible for retention through arbitration, while Tim Mayza explores free agency. These decisions will bring crucial changes and continuity to the Phillies’ bullpen strategy as they head into the new season.
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