Freddy Peralta Receives $15.5 Million Extension From Brewers

As the Milwaukee Brewers gear up for another run at the World Series, they've managed to get one of their young core players under club control long-term.

The team has given pitcher Freddy Peralta a five-year contract extension worth $15.5 million, according to reports. The deal includes a pair of club options that could increase the value to $30 million.

The 23-year-old Peralta has made 22 starts through his first two MLB seasons, compiling a 13-7 record and an ERA of 5.29. Peralta went 7-3 last season, but he struggled with command as he posted a 5.29 in 85 innings pitched.

But Peralta has shown plenty of promise, and the Brewers front office clearly views him as a pivotal piece of their future. Peralta does have a nice total of 211 career strikeouts in 163.1 total innings pitched.

The Brewers are coming off a season in which they won 89 games and nabbed the second NL wild card spot. However, they fell to the eventual World Series champion Washington Nationals in the one-game playoff, losing a 4-3 heartbreaker after surrendering three runs in the eighth inning.

Related: Milwaukee Brewers Owner Says Team Had Operating Loss In 2019

This came after Milwaukee recorded 96 wins during the 2018 season, advancing all the way to Game 7 of the 2018 NLCS, where they fell to the Los Angeles Dodgers.

Brewers owner Mark Attanasio revealed that the team had an operating loss in 2019, despite placing eighth in league attendance last year. This forced the team to spend conservatively in free agency, and they lost two key players in catcher Yasmani Grandal and Mike Moustakas, who left to sign with the Chicago White Sox and the Cincinnati Reds, respectively.

But the Brewers have kept the bulk of their core players intact. And while the NL Central rival Cincinnati Reds made some big moves in the offseason, the other divisional foes didn't do a whole lot go get better. As such, Milwaukee is in primary position to win its second division title in three years.

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