July 24: Peralta has cleared release waivers and is now a free agent, per a club announcement.
July 22: The Royals announced that they have requested unconditional release waivers on right-hander Wily Peralta. He’d been designated for assignment over the weekend.
Peralta, 30, has pitched to an ugly 5.80 ERA with a similarly unsightly 24-to-19 K/BB ratio in 40 1/3 innings this season. He’s been tagged for seven home runs on the year and seen his fastball velocity drop from an average of 96.2 mph in 2018 to 94.4 mph in 2019.
Peralta did post a 3.67 ERA through 34 1/3 innings in his first season with Kansas City in 2018. However, the former Brewers hurler also averaged an untenable 6.0 walks per nine innings pitched with unfavorable ratings from fielding-independent metrics (4.73 FIP, 4.66 xFIP, 4.67 SIERA). That didn’t deter the Royals from bringing him back for a second season at a guarantee of $3.25MM. He’s still owed just under $847K of this year’s $2.25MM base salary in addition to a $1MM buyout on a 2020 mutual option.
That salary obligation and this year’s poor results make him a sure thing to clear release waivers and become a free agent on Wednesday. At that point, he’ll be free to sign with any club and will only be owed the prorated portion of the league minimum for any time spent in the Majors. The Royals will remain on the hook for the rest of his salary and the option buyout.