Philadelphia traded Jake Cave to the Rockies in exchange for a $7.5 million contract extension for Matt Strahm

Matt Strahm agrees to $7.5 million deal for 2025 with Phillies, who trade Jake Cave to Rockies. Left-hander agrees to team option for 2026 with Philadelphia Phillies. Strahm's contract includes a team option of 2026. Jake Cave was traded to Rockies for $1.2 million in Wednesday's game against Rockies.

Philadelphia Phillies trade outfielder Jake Cave to Colorado Rockies. Colorado Rockies also give LHP Matt Strahm contract extension. Jake Cave claimed off waivers before the 2023 season, will be in 2023 with the Rockies. The team also gave left-handed pitcher Matt Strahm a contract extension with the team.