Seemingly every season, one of the Brewers’ top players is involved in the rumor mill. Whether it’s Corbin Burnes or Devin Williams, the Brewers’ consistent ability to compete combined with a shoestring budget leave them with an assortment of quality players who will naturally pop up in trade rumors as they near the end of their windows of team control with the club. This year, the next star up to be discussed is right-hander Freddy Peralta.
Peralta, 29, may not be on the same level of star power as someone like Burnes but he’s still an exciting pitcher in his own right. Since joining Milwaukee’s rotation full time in 2021, Peralta has been among the game’s most reliable starters with a 3.30 ERA and 3.65 FIP across 738 1/3 innings of work. He’s struck out an impressive 29.6% of his opponents in that time while walking 9.0%, and he actually enjoyed a career year this season as he posted a 2.70 ERA in 176 2/3 frames and finished fifth in NL Cy Young award voting.
It goes without saying that Peralta is the sort of pitcher that literally any rotation in baseball could benefit from adding, even if he isn’t a “true ace” on the level of Burnes or someone like Tarik Skubal of the Tigers. The quality of Peralta’s arm is already enough to make him an attractive trade candidate by himself, and with teams like the Red Sox and Mets known to be in the market for pitching help this winter, there’s plenty of enticing young talent the Brewers could try to land in exchange for the right-hander’s services.
The fact that he’ll make just $8MM in 2026 should only serve to increase his market, with teams like the Padres facing financial constraints and clubs that typically put together lower overall budgets like the Orioles and Rays not necessarily being forced out of the bidding by financial considerations. The Giants, Braves, and Blue Jays are among a number of clubs known to be on the hunt for starting pitching help this winter as well, so it’s easy to see a robust market forming if Milwaukee decides to dangle Peralta.
All of that makes it very easy to see why the rumor mill has suggested a Peralta trade could be on the horizon this winter. Between the Burnes (Joey Ortiz) and Williams (Caleb Durbin) trades, the entire left side of the infield that took Milwaukee to the NLCS this year as acquired by shipping a talented pitcher on an expiring contract to the AL East during the offseason. The argument can very easily be made for the team to try to repeat history, locking down a controllable piece or two who could fill a hole somewhere on the roster while leaning on the team’s ever-expanding group of young arms to make up for the gap left by Peralta’s departure. Jacob Misiorowski, Quinn Priester, Chad Patrick, Logan Henderson, Tobias Myers, and Robert Gasser could all be in the mix to start games for the Brew Crew next year, to say nothing of players like Aaron Ashby and DL Hall who currently pitch out of the bullpen.
With all that being said, the Brewers’ front office has thrown some cold water on the trade rumors for the time being. President of baseball operations Matt Arnold recently indicated that he expects Peralta to remain a Brewer in 2026. While it would be a bit of a departure from their usual model to keep Peralta, it wouldn’t be totally unprecedented. The club kept Willy Adames in the fold until he walked in free agency last winter and simply issued him a qualifying offer to recoup draft capital when he signed in San Francisco. They could certainly look to take a similar path with Peralta, particularly given the fact that they no longer have another proven high-end arm to fall back the way they did when they traded Burnes.
Additionally, Peralta’s $8MM salary wouldn’t open up new possibilities financially the way a trade of someone making more money like Burnes did, as $8MM is often the sort of money second-division hitters and bullpen pieces make in today’s free agent market. There’s also nothing stopping Milwaukee from reversing course at the deadline if the team doesn’t meet expectations in the first half. Though after a year where they posted the best record in baseball, that outcome seems fairly unlikely.
Arguably, this all means that the decision on whether or not to trade Peralta should come entirely down to the sort of return the Brewers can get for him. If multiple big-league ready and potentially impactful pieces are available, as was the case when they landed Ortiz and Hall from the Orioles in exchange for Burnes, then perhaps that’s worth weakening the front of the rotation. If the right-hander isn’t valued that highly by the market, however, it could be the case that Milwaukee is better off going the same route they did with Adames and keeping their star player in the fold for his walk year.
How do MLBTR readers view Peralta’s trade candidacy? Should Milwaukee trade him this winter to keep their perennial contention machine well-stocked? Or should they hold onto him and try to build on one of the best seasons in franchise history with him in the fold? Have your say in the poll below:
