The Phillies traded lefty Matt Strahm to the Royals on Friday in exchange for righty reliever Jonathan Bowlan. Philadelphia has two other solid lefty relievers in Jose Alvarado and Tanner Banks, to say nothing of Jhoan Duran and the recently-signed Brad Keller from the right side. With a strong late-inning mix in those four, it made sense to clear Strahm’s $7.5MM salary for 2026 to help with other additions, such as a J.T. Realmuto reunion.
According to Matt Gelb of the Athletic, Strahm was outspoken in his opinions on how the bullpen and clubhouse were managed, which clashed with coaches and other team officials. Meanwhile, Phillies president of baseball operations Dave Dombrowski framed the matter as a more of a question of contractual control, telling reporters, “(Strahm is) a year away from free agency. We were able to get a guy that we liked who has six years of (club control) and we think can help us right away. So you have to give to get. And we still feel good with our left-handers in the bullpen.”
For his part, Strahm released a statement following the trade in which he spoke positively of the organization and of his now-former teammates. “It was an honor to wear this uniform alongside you and compete every day with a group that truly cared about winning and about each other,” said Strahm. “I’ll miss every single guy in that clubhouse. I’ve never experienced anything like it.” In any case, whether the trade resulted from tension with his teammates or with the coaching staff, the club felt it was the right time to move on.
Strahm came to the Phillies in December 2022 on a two-year, $15MM deal. In March 2024, the two sides agreed on a one-year extension for 2025 at a $7.5MM salary, which contained a $4.5MM club option for 2026. Strahm vested that option at a higher rate of $7.5MM by reaching 60 innings in 2025 (he finished with 62 1/3 innings over 66 appearances) and passing a physical in September. Indeed, while he was injury-prone during his years with the Royals, Padres, and Red Sox, Strahm was healthy from 2023-25 with the Phillies, avoiding the injured list entirely.
The combination of good health and performance made his $7.5MM annual salary an excellent value. In 212 2/3 innings across 188 appearances from 2023-25, Strahm had a 2.71 ERA and struck out 30.5% of hitters against a 6.2% walk rate. Excluding his 33 1/3 innings as a starter in 2023, his 2.46 ERA in 179 1/3 innings was 10th-best among qualified relievers, just ahead of Edwin Diaz and Josh Hader. His 24.1% K-BB rate as a reliever was 12th-best.
His 2025 was more of the same, if a slight step down from his All-Star 2024 season. He pitched to a 2.74 ERA while seeing his strikeout and walk numbers trend slightly in the wrong direction. He struck out 33.3% of hitters in 2024, though that slipped to 27.3% this year. That is still excellent, ranking in the 81st percentile according to Statcast. Similarly, his walk rate increased from 4.6% to 7.8% in 2025, which graded out in the 53rd percentile. Both of those metrics suggest that Strahm is still a capable high-leverage arm. That said, there were some signs of decline under the surface. His four-seam velocity dropped to 92.2 mph this year after sitting at 93.4 mph from 2023-24. His 21.2% groundball rate in 2025 was worst among qualified relievers, while his 59.0% flyball rate was third-worst.
Given these trends and the tension with the coaching staff, the Phillies may have simply been content to move on and enter 2026 with Alvarado and Banks as their lefty relievers. Meanwhile, Strahm will get a fresh start with the Royals, whose bullpen is quite strong heading into 2026. The additions of Strahm and outfielder Lane Thomas bring the club’s projected payroll to $150MM, up from $138MM in 2025, according to RosterResource.
Photo courtesy of Jayne Kamin-Oncea, Imagn Images