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Free agent left-hander Wandy Peralta is in agreement with the San Diego Padres on a four-year, $16.5 million contract, sources confirmed to ESPN on Wednesday.
The deal includes three player opt-outs, sources told ESPN, confirming multiple reports.
The deal is pending a physical.
Peralta, 32, found success with the New York Yankees over the past three seasons which included a stellar 2023 campaign. He gave up just 36 hits over 54 innings in 63 games while compiling a 2.83 ERA. Additionally, just five of 28 inherited runners scored when he came into the game, matching the best percentage of his career, achieved in 2021 as well.