Because Freddy Peralta is in the final guaranteed year of his contract, the Brewers right-hander has been mentioned as a speculative trade candidate for some time, given how the Brew Crew have often dealt star players before they reach free agency. Peralta is still under team control via an $8MM club option for 2026, though that option year only adds to the righty’s trade value, as rival teams would be willing to give up more to have Peralta for two pennant races instead of one.
Then again, that $8MM price tag for a frontline pitcher also makes Peralta incredibly valuable to the Brewers themselves, as Milwaukee again finds itself in the thick of playoff contention. Speaking with Curt Hogg of the Milwaukee Journal Sentinel, Brewers president of baseball operations Matt Arnold praised Peralta as “one of the most important parts of our organization” and made a trade sound very unlikely, if not entirely impossible.
“Obviously it’s important for us to never close the door, but Freddy means the world to our franchise and all of us,” Arnold said. “I would expect him to be a big part of this going down the stretch. It’s something that we can never exclusively say no on anything. But he just means so much to so many people here. I’m thrilled to have him as a part of this team.”
While the Brewers have enough rotation depth that they could conceivably trade a starter to address other needs before the deadline, it is fair to say that Jacob Misiorowski is probably the only pitcher more untouchable than Peralta. Over 116 2/3 innings this season, Peralta has produced a 2.85 ERA, 25.5% strikeout rate, and excellent hard-contact numbers. The bottom-line numbers are a bit more flattering than the reality, as Peralta has a 3.78 SIERA and his 8.4% walk rate is nothing special, plus his strikeout rate is actually a career low.
Still, Peralta is the type of pitcher any club would feel comfortable starting in a playoff game, and he would be Milwaukee’s top starter for heading into what the team hopes will be another dose of October baseball. As deep as the Brewers’ rotation may be, it would suddenly look a lot thinner without Peralta stabilizing things up top.
[Related: Milwaukee Brewers Trade Deadline Outlook, for MLBTR Front Office subscribers]
A trade probably wouldn’t be on the radar at all if it wasn’t for the Brewers’ past history, and the team’s payroll limitations. The contract extension Peralta signed prior to the 2020 season has proven to be a huge bargain for the Brewers, and the reported lack of talks involving a new contract could be a hint that Peralta ultimately isn’t in Milwaukee’s long-term plans.
This could explain Arnold’s hesitance to absolutely rule out the possibility of a Peralta trade, just in case a rival team stepped forward with an incredible offer. But with the Brewers rolling and making a run at another NL Central crown, it’s hard to imagine that anything short of an outlandish trade package would get Arnold to budge on moving his ace. The specter of the 2022 deadline trade of Josh Hader still looms in recent memory, as the Brewers’ controversial decision to deal the closer seemed to sap the morale of a team that was leading the division at the time, and Milwaukee ended up missing the postseason entirely.
Arnold seemed to acknowledge that history in telling Hogg that “I think we have a really good group, and chemistry matters. You can remove a piece of this and it changes the dynamic, potentially. We’re certainly sensitive to that. At times we’ve had to make unpopular decisions just to make sure our team is variable for not just this year but a long time. It’s important to try to find that right balance, and we’re trying to do that every single day.”