After making his Spring Training debut on February 25th, according to MLB Insider Ken Rosenthal, the lefty has finalized a long-term extension with the Milwaukee Brewers.
Peralta still had several years of team control remaining, having not yet reached arbitration.
The long-term deal, according to multiple sources is said to be a five year deal plus two options, $15.5M is guaranteed and has two other options that could potentially bring the Brewers $30M. This does buy out Peralta’s arbitration years, and a few years that would be free agency. The Brewers can now have control of Peralta for seven more years, through the 2026 season.