Brewers, Freddy Peralta agree to deal

Evan Heffelfinger
February 26, 2020 - 9:45 am
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The Brewers and 23 year old Pitcher Freddy Peralta have agreed to a five year, $15.5 million guaranteed extension, with two club options totaling $14.5 million for a final possibile contract of seven years, $30 million.

Ken Rosenthal of The Athletic had the news of a possible extension first:

Our Radio.com Sports MLB Insider Jon Heyman had the terms first:

The news comes as a bit of a surprise, as Peralta regressed a bit last season after a stellar showing as a rookie, pitching to a 5.29 ERA in 39 games (eight starts). Peralta added a new slider this offseason, in an attempt to make the Brewers starting rotation this season and years to come. Craig Counsell a few days ago announced Peralta was in competition for the fifth starter job, along with offseason acquisition Eric Lauer:

The move keeps Fastball Freddy under team control for all of his arbitration years, and potentially the first couple years of his free agency. Peralta wasn't arbitration eligible until 2022, but the Brewers decided to skip them all together on what could end up being a team-friendly deal.