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:

Keep him. An ace caliber pitcher who actually wants to stay in Milwaukee! A workhorse.
If he really wants to stay in Milwaukee, then re-sign him on a hometown discount; or trade him while the value’s still high! It’s baseball, not charity… and Milwaukee isn’t running a ‘Buy One, Get One Free Agent’ sale. Get a haul!!!!!
A comp. pick for him next year isn’t nothing. That plus his production next will likely outweigh any offer they get thus off season.
Agreed. Henceforth, we see who is dumb enough to overpay.
gorman – The Red Sox are dumb enough, look what they gave up for Vaughn Grissom. LOL!!
Personally I wouldn’t care though, if the Sox are gonna overpay (they always do) I’d rather it be for Peralta than someone like Alcantara.
It always depends on what they could get back, but if only a single team thinks he’s better than a mid-rotation starter (what he’s been for the past 3 years) then it would be best to trade him. I wouldn’t be surprised if one of their young arms is just as good.
His ERA was very good last year, but that was driven by a lucky babip and LOB%. His peripherals are not close to a TOR starter’s numbers.
Trade
Brewers get: 2B Ketel Marte
Dbacks get: SP Freddy Peralta, SP Trevor Megill, one of Henderson/Patrick/Gasser, and a bat prospect (maybe Josh Adamczewski to recoup a 2B, or Lara, or Ebel)
can you say lopsided?
How much of the Marte money would AZ have to cover, in your opinion?
I’m not a Dbacks fan, but this is one of the moves I prefer for them (trade for Peralta and sign one of Kelly/Bassitt/Flaherty/Mahle).
Marte is arguably the best 2B in baseball, making an AAV of $18.2 MM over the next 5 seasons (not counting incentives).
Yelich is making $26MM/year over the next 3 for comparison.
If the Brewers want to have a chance at advancing any further than they did this past season, they need to add an impact bat.
This is how you do it!
Absolutely will need to bring in another vet SP. I’d like to see Woodruff go back there, but, sure, Kelly/Flaherty or the like would be a good choice.
Marte is arguably the best 2B in baseball, making an AAV of $18.2 MM over the next 5 seasons (not counting incentives).
That should be enough to get you tossed out of the thread. Turang and Hoerner say hold my beer. He’s not even near the best in the NL.
Sorry, best hitting* 2B in baseball. Move Turang to SS obviously.
Are the Dbacks including $30M? Even if that trade is fair on talent, I can’t see the Brewers taking back all that salary.
As great as Marte is, this does not make the Brewers better.
Most ridiculous thing I’ve seen on this site and that saying something. We already have a great platinum glove second baseman. His bat was good this year and makes peanuts compared to Marte. We also have two of the top infielders in the minors that will need a spot to play and that could come as early as next fall. No thank you..
We know he is gone!
It’d be cool if they could get something like the password and perales from Boston
No, Brewers need to get owners like the Dodgers and start signing the top talent in the league so we can all complain about the Brewers taking all the players…
You forgot to set your alarm this morning. You’re still sleeping.
@hamelin4mvp
Well, I do sleep and text, so that makes sense…
Trade him for a 6 pack of Miller High Life and one 6 month pass to Wisconsin Dells. Only 1 guest and it’s a 1 time thing for a free guest. Any other time they have to pay for a pass.
They probably shouldn’t but IMO probably will. Just their reality.
I rarely say this, but why even listen to offers? What realistic deal makes them better in 2026? Are you trying to win, or not?
I agree, but Byrnes was even better and they traded him. Maybe they don’t think he’ll repeat last year and he’s at peak value
Eric Byrnes? Now there’s a name I’ve not heard in a long time.
I would.. they have clear success in producing front of the rotation pitchers. I think that’s the key here. Once he hits FA, they aren’t going to pay up to keep him, esp since his is 30, I don’t see the brewers investing there.
Hold onto him, unless they are out of contention at the trade deadline.
They shouldn’t trade him, but they will because the value proposition is just too strong. That’s what happens when money is just a game resource and some teams have 5x the quantity.
Gonna take near “true ace” prospects to get him. I’d pass just based on home/away splits. While we are at it. Not thrilled about what’s being proposed to get Joe Ryan out of Minny either.