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As expected, the Milwaukee Brewers announced on Monday that they exercised the $8 million option for the 2026 season on right-hander Freddy Peralta. Peralta was one of the best pitchers in baseball for the Brew Crew in 2025, going 17-6 with a 2.70 ERA (3.65 FIP), 1.07 WHIP, and 204:66 K:BB in 176 2/3 innings over his 33 starts. His 17 wins led the league, and it was his third straight season with 200-plus strikeouts. Peralta will be back for his ninth year in Milwaukee in 2026, but he'll be a trade candidate this offseason and next summer, with the Brewers unlikely to sign him to a long-term extension. Peralta was an All-Star for the second time in his career in 2025, and he's had a 3.59 ERA and 1.13 WHIP with a 29.9% strikeout rate and 9.3% walk rate over 931 regular-season innings.--Keith Hernandez
Source: Milwaukee Brewers
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