The Milwaukee Brewers will be keeping one of their young pitchers around for a while.
Ken Rosenthal of The Athletic and Fox Sports reports this about Freddy Peralta’s upcoming new deal with the Brewers:
RHP Freddy Peralta finalizing long-term extension with #Brewers, source tells The Athletic. Terms expected to be similar to deal that LH reliever Aaron Bummer recently signed twith #WhiteSox – five years, $16M, with two club options that could increase total value to $30.75M.— Ken Rosenthal (@Ken_Rosenthal) February 26, 2020
The deal could nearly double Peralta’s salary compared to the base level in the end.
Freddy Peralta deal with #Brewers, per source: Five years, $15.5M plus two club options that could bring value to $30M.— Ken Rosenthal (@Ken_Rosenthal) February 26, 2020
ESPN’s Jeff Passan shares the rationale behind the move.
The long-term deals Freddy Peralta and Aaron Bummer signed this week are no anomalies. Teams across baseball are trying to lock up pre-arbitration players to multi-year contracts that buy out free agent years, per sources. There could be a rash of such deals in the coming weeks.— Jeff Passan (@JeffPassan) February 26, 2020