"The widespread appeal is understandable as Peralta is both good and cheap. Dating back to the start of 2021, he has given the Brewers 738 1/3 innings, allowing 3.30 earned runs per nine. His 9% walk rate in that time was close to league average while he struck out a big 29.6% of batters faced. He just wrapped up a 2025 season in which he posted a 2.70 ERA with a 28.2% strikeout rate and 9.1% walk rate."
"Milwaukee signed Peralta back in 2020, before he was established as a viable big league starter. That deal turned into a massive win for the Brewers, as it was only a $15.5MM guarantee over five years. It also included $8MM club options for 2025 and 2026. By the time those options rolled around, they were obvious bargains and picked up without hesitation."
"That salary on a one-year commitment is very appealing for all teams. The top starting pitchers often make in the range of $25MM to $45MM annually on multi-year deals. This offseason has seen Dylan Cease, Ranger Suárez and Michael King land average annual values in the $25-30MM range. In short, Peralta's deal is a steal."
Multiple MLB clubs including the Astros, Giants, Mets, Orioles, Red Sox, Yankees, Dodgers, Braves and Padres have shown interest in Freddy Peralta. Peralta has delivered 738 1/3 innings since 2021 with a 3.30 earned runs per nine mark, a 9% walk rate and a 29.6% strikeout rate. He posted a 2.70 ERA in 2025 with a 28.2% strikeout rate and 9.1% walk rate. Milwaukee signed Peralta in 2020 for a five-year, $15.5MM guarantee that included $8MM club options for 2025 and 2026, which were picked up. The one-year, low-cost salary makes him attractive to both big spenders and payroll-constrained teams. Peralta is nearing free agency.
Read at MLB Trade Rumors
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