Brewers right-hander Freddy Peralta is a speculative trade candidate since he’s now just a year away from free agency. However, president of baseball operations Matt Arnold downplayed the possibility in speaking to Robert Murray of FanSided. “I anticipate him being part of our team moving forward,” Arnold said.
Arnold didn’t completely wipe a trade from the table, acknowledging the reality of Peralta’s situation. “We’ve had to make tough decisions on the (Josh) Hader’s and Corbin Burnes’ of the world,” Arnold said. “Freddy is certainly in that conversation.” He noted that the Brewers have to listen to offers because “we’re the smallest market in the league” but it seems they would prefer to keep Peralta in blue and yellow.
One can’t always take baseball executives at their word, as it’s usually in their best interest to hide their true intentions. If Arnold were shopping Peralta, admitting it publicly would only diminish his leverage in trade talks. However, Andy Martino of SNY reports that rival teams are expecting Peralta to stay. Perhaps some club can bowl the Brewers over with an overwhelming offer, but it seems the winds are blowing Peralta back to Milwaukee for the moment.
The reason it’s a discussion comes from the club’s history, as Arnold alluded to. The Brewers have traded key players as they have neared free agency, with Hader and Burnes two notable examples. Devin Williams is another. A trade seemed plausible enough that MLBTR gave Peralta the #8 spot on the list of Top 40 Trade Candidates for this offseason. However, it doesn’t always play out that way, as Milwaukee held Willy Adames until he reached free agency. They received draft pick compensation after he rejected a qualifying offer and signed with the Giants.
Peralta is only going to make $8MM this year, as part of the extension he signed back in 2020, which has worked out brilliantly for the club. Peralta wasn’t fully established as a big league starter at that time, as he also worked out of the bullpen earlier in his career. He took over a rotation gig in 2021 and logged 738 1/3 innings over the past five seasons with a 3.30 earned run average, 29.6% strikeout rate and 9% walk rate.
The $8MM salary is far less onerous than when the Brewers have been in this situation before. Burnes was going to make $15.6375MM in 2024 when he was flipped to the Orioles. Hader was making $11MM when he was traded at the deadline in 2022 and was going to get another raise in 2023. Adames made $12.25MM with the Brewers in his final season before free agency. Williams made $8.6MM with the Yankees in 2025. Even for a low-spending club like the Brewers, $8MM for a front-of-rotation starter is very affordable.
There could still be an argument for trading Peralta to upgrade other parts of the roster, but it would weaken the rotation. When the Brewers traded Burnes, they knew they could still count on Peralta to step up and take over as the ace. The succession plan wouldn’t be as smooth now. It’s theoretically possible for someone like Jacob Misiorowski to inherit that crown but he isn’t fully established yet. He has great stuff and made his big league debut this year but posted a 5.36 ERA in the second half and doesn’t turn 24 until April.
It’s possible something changes in the coming months but perhaps the Brewers will again have Peralta anchoring the rotation in 2026. He’ll be followed by some combination of Misiorowski, Quinn Priester, Chad Patrick, Logan Henderson, Robert Gasser and Tobias Myers.
Arnold added to Murray that the Brewers would love to bring Brandon Woodruff back. That’s not a surprising admission, as Woodruff has thus far spent his entire career with the Brewers. Milwaukee made him a $22.025MM qualifying offer even though he has some health question marks. He just came back from a lengthy absence due to shoulder surgery and also finished the 2025 season back on the injured list with a lat strain.
In between those IL stints, he was excellent. His velocity was down relative to his pre-surgery work but he still managed to post a 3.20 ERA over 12 starts. His 32.3% strikeout rate and 5.4% walk rate were both excellent numbers.
Even with the question marks and the QO attached, MLBTR predicted he could still secure a three-year, $66MM deal. It would be pretty surprising if the Brewers gave out a deal like that. They have only once gone beyond $50MM for a free agent, which was their $80MM deal for Lorenzo Cain back in 2018. If Woodruff signs elsewhere, the Brewers would be entitled to draft pick compensation.
Photo courtesy of Michael McLoone, Imagn Images
Sure
Matt Arnold has to take that position publicly. But when you look at the young pitchers the Brewers have in their system and on their 40 man, Freddy is probably expendable at his current market value.
I don’t think your #1 starter is really ever expendable. They have tons of prospects in the minors so there isn’t a need to restock that. The Burnes deal gave them a starting SS, which was a big need at the time and a controllable lefty. I think they should hang on especially if Woodruff goes elsewhwre
Brewers should keep him and see how the season plays out. See how they’re doing midway through the season.
Smallest market but 3rd highest valuation per capita, so don’t let him gaslight you, Brewers fans.
Of course he’s downplaying it. Otherwise, Peralta’s value drops.
I don’t think a frontline SP at $8 million is going to lose any value.
Baseball execs tell the media what they fans to hear and what they want other teams to think.