Freddy Peralta, a right-hander for the Milwaukee Brewers, is entering the final guaranteed season of his contract, with a club option for 2026. Despite expressing interest in a long-term extension, negotiations have yet to yield a deal. Peralta has been a significant contributor to the Brewers' rotation, posting a 3.40 ERA and a strong strikeout rate since transitioning to a starting role in 2021. His performance has drawn trade rumors as the Brewers evaluate their future rotation and payroll structure.