"The Brewers hold an $8MM club option on Freddy Peralta's services for 2026, which represents the team's last bit of control from what was initially a five-year, $15.5MM extension signed by the right-hander back in February 2020. With Peralta now slated for free agency during the 2026-27 offseason, it is possible he has already thrown his last pitch in a Brewers uniform, as The Athletic's Andy McCullough writes that Milwaukee is "expected to at least field offers for" Peralta's services."
"The news comes as no surprise, since as of last June, Peralta and his agents at Klutch Sports hadn't gotten anywhere with the Brewers on another contract extension. Milwaukee president of baseball operations Matt Arnold didn't even entirely rule out the possibility of the Brew Crew moving Peralta at this past trade deadline, even if Arnold stressed that such a deal was quite unlikely with the team in the midst of what ended up as a successful run at another NL Central title."
"Because the Brewers obviously plan to be contenders again in 2026, there is plenty of logic in simply keeping Peralta atop their rotation. The righty enjoyed what was in many ways his finest season, posting a 2.70 ERA over a career-best 176 2/3 innings. Peralta's stellar numbers included a 28.2% strikeout rate and 34.5% hard-hit ball rate, and though his walk and barrel rates were below average, that has been the norm for Peralta throughout his career."
Freddy Peralta is controlled only through a 2026 $8MM club option, the final piece of a five-year, $15.5MM extension from February 2020, and is slated for free agency in the 2026-27 offseason. Milwaukee is expected to at least field offers for Peralta, reflecting stalled extension talks with Klutch Sports and a front-office willingness to consider trades if circumstances warranted. Peralta delivered a standout 2025 season with a 2.70 ERA across 176 2/3 innings, a 28.2% strikeout rate, and a 34.5% hard-hit rate. Some of his results benefited from favorable strand-rate and BABIP, but his career SIERA (3.61) and ERA (3.59) suggest sustained front-of-rotation value. An $8MM option enhances his tradeability and affordability for most non-rebuilding clubs.
Read at MLB Trade Rumors
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