Jhonny Peralta Seeking $56-75MM

6:53pm: Peralta's representatives are indicating to teams that he already has four years and $52MM "in hand," three general managers told Peter Gammons of GammonsDaily.com (Twitter link).

4:32pm: Jhonny Peralta's asking price has been said to be significant, but to this point, reports have only indicated that he's seeking "much more than $45MM." Joel Sherman of the New York Post sheds some light on his demands, reporting that he's seeking something in the four-year $56MM to five-year, $75MM range (Twitter link).

That asking price is sure to induce sticker shock to front offices and fans alike, as most had pegged Peralta for something like half that. For example, the Mets reportedly had hoped to land Peralta on a two-year deal. In my free agent profile for Peralta, I pegged him at $36M on a three-year deal.

Peralta and agent Fern Cuza of SFX do have some leverage on their side, as he's the only notable free agent shortstop not tied to draft pick compensation and the third base market is even more bleak. He's coming off a solid .303/.358/.457 season but also served a 50-game suspension for involvement with the Biogenesis PED scandal.

As Sherman notes, the Mets and Yankees are interested, but not at that price. The Mets have already met with Peralta, as have the Mariners. Earlier today, it was reported that the Orioles have some interest in Peralta as a left fielder.