This one may be a little too one the nose. On Wednesday evening, the Brewers and Mets agreed to a trade that sent Freddy Peralta and Tobias Myers to the Mets in exchange for two top 100 prospects, Jett Williams and Brandon Sproat. That’s right, the Brewers got cheaper and younger by selling their best pitcher for prospects, the Mets flexed their financial muscle, and president of baseball operations David Stearns acquired Freddy Peralta. Welcome to every single day.

Peralta may not be your idea of a surefire ace, but he was the unquestioned leader of the Brewers rotation, their Game 1 starter in the playoffs for each of the past two years. As salary dumps go, this one is particularly depressing. Peralta is due just $8 million in his walk year, a hair more than the Angels will be paying Anthony Rendon to clear out of Anaheim as soon as possible, if you please. For Myers and the wildly underpaid Peralta, the Mets surrendered the prospects who ranked 31st and 63rd overall in our Top 100 update back in July. The Brewers did what they do, avoiding expenditures of any kind, finding young players, and trusting that they can keep creating aces out of whole cloth. Meanwhile, the Mets have increased their CBT tax hit from preposterously large to ludicrously large in order to reinforce a rotation that still ranks just 15th on our Depth Charts.

Brendan Gawlowski wrote about Sproat and Williams in a separate article, so our focus here is on the major league side of things, and we’ll start with the headliner. In February 2020, right before the world started exploding, Peralta signed a five-year, $15.5 million extension with two club options that could push the total to $30 million. He was, at that point, a 23-year-old with a career 4.79 ERA and 3.96 FIP and more relief appearances than starts. “We are happy to announce that we have reached a multi-year extension with Freddy that can keep him in a Brewers uniform for the better part of this decade,” said Stearns, then Milwaukee’s president of baseball operations. That prediction came true by the slimmest of margins.

Peralta pitched in relief in 2020, running a 3.99 ERA and an encouraging 2.41 FIP. He broke out in 2021. Over the past five seasons, Peralta has put up 14.8 WAR and gone 54-34 with a 3.30 ERA and 3.65 FIP. Despite dealing with shoulder injuries earlier in his career, he’s pitched at least 165 innings in each of the last three seasons. He anchored the rotation in 2024 when Corbin Burnes got traded and Brandon Woodruff got hurt. By my count, the Brewers extracted roughly two-thirds of a win for each million they paid Peralta. At that rate for their entire roster, the Dodgers would expect to win 208 games this season.

Peralta’s $8 million salary was the fourth-highest on the Brewers, but it will now slot in as the 14th-highest on the Mets. The galling part isn’t just that the Brewers couldn’t swallow the $8 million this year. Trading him means there wasn’t even a thought that they might be able to extend him, or at least that they might be able use a really good pitcher in 2026 and then just deal with losing him in 2027. After all, this is a team that just finished with the best record in baseball and made it to the NLCS. No matter. Milwaukee is taking the cash and the prospects and betting that Woodruff will finally get healthy (and that his alarming drop in velocity isn’t a portent of bad things to come).

After this year (and just in time for a possible work stoppage), Peralta will be entering his age-31 season and finally have the chance to make what he is worth on the open market, unless the Mets lock him up to another extension. This certainly seems like the kind of trade that ends up that way, especially when you consider that Stearns must like Peralta an awful lot, given that he has now traded for him twice and extended him once. Peralta won’t turn 30 until early June, and he just put up the highest fastball velocity of his career. Sproat was our top-ranked prospect on Eric Longenhagen’s updated Mets list from last June, and Williams came in at sixth. In his piece on the Brewers’ return, Brendan wrote that both players “are near-ready, 50-FV contributors and slot into Milwaukee’s farm system as the club’s third- and fourth-best prospects, respectively. Sproat projects as a mid-rotation starter, while Williams is a middle-of-the-diamond player with an as-yet undetermined defensive home.” That’s a serious haul. Keeping Peralta for a while would certainly take some of the sting out of losing them.

Peralta throws a four-pitch mix: four-seamer, changeup, curveball, and slider. He leads with the four-seamer, throwing it just over half the time to both righties and lefties. As Lance Brozdowski noted in his write-up of the trade, it’s a weird pitch (complimentary). It comes from a low release point not because of a low arm angle, but because he’s only six feet tall and he has a huge stride that brings him a long way down the mound. That huge stride also means huge extension. So even though Peralta’s 94.8 mph velocity put him in just the 57th percentile (among pitchers who threw at least 100 four-seamers in 2025), his 95.2 mph perceived velocity put him in the 74th percentile. A flat fastball with above-average velocity is a great combination, but it’s worth noting that Peralta really needs every bit of his stuff.

He hit the strike zone just 45% of the time in 2025, the lowest rate among all qualified pitchers. He ran the third-lowest mark in 2024 and the 13th lowest in 2023. Over the past five years, among pitchers who have thrown at least 2,000 pitches, his 46% zone rate puts him in the ninth percentile. That’s great if you can get away with it, as pitches over the plate are the ones that get hit. Peralta gives up too many walks, but he runs average chase rates and superlative whiff rates, allowing him to offset all those walks with tons of strikeouts and lots of weak contact. It’s a cocktail that some advanced ERA estimators, like DRA, absolutely abhor, but he’s got a long track record of success with it.

If and when Peralta’s stuff stops fooling batters, though, this trick could fall apart in a hurry. If he can’t induce chases, he’ll have to come into the zone. Once he’s in the zone, he’s probably going to allow more hard contact, and if he’s not inducing chases, he’s probably not going to induce as many whiffs either. That’s not to say that he couldn’t learn a new approach, and the good news is that this potentially swift decline doesn’t seem imminent. As you know, his four-seamer averaged 94.8 mph in 2025 (and played even faster), but his fastball velocity has actually been trending up over the past few seasons. It performed well even in 2022, when it averaged just 92.9 mph. That’s a reassuringly large margin for error. On the other hand, the inefficiency of his approach means that he throws tons of pitches; 8,991 over the past three years, to be exact. That’s the fifth most in the game, and it’s fair to wonder whether he might one day, you know, get tired.

Peralta halved his slider usage in 2025, throwing it just under 10% of the time. He didn’t really throw it to lefties at all, and against righties, he threw all three of his non-fastballs roughly 16% of the time.

Brozdowski posited that Peralta lost feel for his slider, noting its inconsistent amount of horizontal break. It has shifted so much that in some years, some pitch classifications split it up into a slider and a sweeper. Regardless, Stuff+ and StuffPro both regard the pitch as Peralta’s best, and Brozdowski hypothesized that the Mets will try to help him figure it out and return it to its place of prominence. Even if he doesn’t find another gear, he still slides in as the top pitcher in a Mets rotation that completely fell apart in the second half in 2025, and projects as average in 2026. That’s not to say it’s without upside.

The Mets have several starters whose names any baseball fan will know. It starts with Nolan McLean and Jonah Tong, who made their debuts in 2025. McLean looks ready to contribute right away in 2026. Kodai Senga has a career 3.00 ERA and 3.82 FIP in MLB. After a shoulder capsule strain and a calf strain cost him nearly the entire 2024 season, his velocity dropped and his strikeout rate cratered last year, when he also dealt with a hamstring strain. As a result, the projections peg him for an ERA that’s dangerously close to 4.00. But if he finds his old form, he’s a star.

In his first season as a starter, Clay Holmes posted a solid 3.53 ERA, but his 4.11 FIP told a different tale, and the peripherals were scary. The velocity of his sinker, his most-used pitch, fell by 2.9 mph as he transitioned from high-leverage reliever to starter. His strikeout rate, which had averaged nearly 25% to that point in his career, dropped to 18%. Holmes is entering his age-33 season, and it’s hard to know how much improvement to expect from him with one year of starting experience under his belt.

Despite underperforming his peripherals in a major way in 2024, David Peterson seems solid as ever, and he’ll make $100,000 more than Peralta in his final year of arbitration. An oblique strain blew up Sean Manaea’s 2025 season, limiting him to 12 ugly starts, but he’s just one year removed from a 2024 season in which he earned a Cy Young vote. That’s six names and nearly as many question marks, but this rotation certainly isn’t devoid of talent. It’s not hard to envision this staff being good, and it’s not hard to envision it being quite bad. If nothing else, Peralta adds some much-needed stability.

Tobias Myers is 27, and across his two big league seasons, he has made 31 starts and 18 relief appearances, putting up a 3.55 ERA and 3.92 FIP. An early-season oblique strain cost Myers some time in 2025, and he got sent down after a rough start. However, he came back up in a relief role in July, and over the last three months of the season, he posted a 2.64 ERA and 3.49 FIP. With a 93.5 mph fastball, his stuff grades out as roughly average, and he doesn’t strike out many batters. He also had the odd distinction of tying for the splitter that had the most induced vertical rise in baseball at 10.5 inches.

Myers throws six pitches: a four-seamer, cutter, slider, splitter, changeup, and curveball. When you look at his extremely steep 61-degree arm angle and the huge rise on his four-seamer, you start to wonder why he doesn’t embrace this North-South profile and throw his curveball much more often. He was blocked in Milwaukee, and if all goes to plan, he’s likely to be blocked in New York too, and maybe he’s shown all that he has to offer. Still, though it might not be the smartest thing in the world to assume that some other team is going to do a better job of developing a pitcher than the Brewers, it’s fair to say that Myers doesn’t seem like a finished product.

The Mets spent the beginning of the offseason upgrading their bullpen and replacing Pete Alonso. Over the past several days, they’ve reminded everyone just how much of a juggernaut they really are. What’s $8 million (and the resultant $8.8 million luxury tax hit) to a team that just snatched Bo Bichette away from the Phillies for (in theory) three years and $126 million? It’s entirely possible that the Brewers will turn Sproat into their latest ace, and that in a year or two he’ll start a playoff game against the Mets, just like Peralta did in 2024. But the Mets are trying to win this season, and now that he’s not in Milwaukee, David Stearns has the luxury of leaving tomorrow’s problems for tomorrow.

With most of the top free agents having found new homes – 12 of our top 15 have signed – the baseball transaction news figured to be light this week. Maybe the Yankees and Cody Bellinger would keep making lovey-dovey eyes at each other across the negotiating table to give us some headlines, but that felt like the only game in town for at least a few days. But just because no one is left to sign doesn’t mean nothing can happen. Out in Queens, the Mets weren’t content to sit pat after signing Bo Bichette. They continued their offseason splurge by acquiring Luis Robert Jr. from the White Sox in exchange for Luisangel Acuña and pitching prospect Truman Pauley, as ESPN’s Jeff Passan first reported.

I’ve grappled with evaluating Robert innumerable times over the past few years. For a while, he was a yearly feature in our Trade Value series, an electric talent in his early 20s. Then he became an interesting litmus test when talking to team evaluators, as his production dipped but his prodigious tools remained as loud as ever. Finally, as his contract hit the expensive team option phase, I considered him for a list of top free agents, as I have to predict what option decisions teams will make. At every turn, I came away equally impressed and frustrated by Robert’s ludicrous ceiling and subbasement-level floor.

You want a tooled-up center fielder? Robert is your guy. If you click on the “Prospects Report” tab on his player page, you’ll see this short blurb by Eric Longenhagen: “Graduation TLDR: The Vitruvian Outfield Prospect in all facets save for his approach, Robert graduated from prospectdom as one of baseball’s most exciting players.” That Vitruvian Outfield Prospect phrase has stuck with me.

If you made an outfielder in a lab, he’d look a lot like this. Power? Robert has 90th-percentile bat speed and clobbered 38 home runs in his last full season of playing time. He gets the ball in the air, too, all the better to maximize his best contact. Speed? You guessed it, 90th-percentile sprint speed. He’s also among the best defensive outfielders in the game when he’s healthy. He even has a strong throwing arm, though it’s inaccurate at times. If you’re looking for a Gold Glove defender who can hit 40 homers at the hardest outfield spot and swipe 30 bags, he’s one of maybe three players in the entire majors who fits the bill. Read the rest of this entry »

Last week was one of the busiest of the offseason so far, with Kyle Tucker taking his talents to Chavez Ravine and Bo Bichette heading to the Mets. Given those glitzy headlines, it was easy to miss an annual rite of winter: a weird, zero-sum-feeling trade that didn’t need to be a three-teamer but was anyway because the Rays got involved. The particulars: The Rays sent Josh Lowe to the Angels, the Angels sent Brock Burke to the Reds, and Tampa Bay got Gavin Lux from Cincinnati and prospect Chris Clark from the Halos.

The first thing that drew my eye in this trade is that the two hitters are at least superficially similar: lefties with enormous platoon splits and no real defensive home. Lux has a career 99 wRC+; Lowe 101. They get to those marks in extremely different ways, though, and I think that’s as good of an entry point into analyzing this swap as any.

Lowe is an archetypical lefty power bat, and the Angels simply don’t have anyone like that. Last year was easily Lowe’s worst as a pro on a rate basis, and he also spent a month and a half on the IL. But his 11 homers would have been the second-most by an Angels lefty, behind Nolan Schanuel’s 12 in 150-ish more plate appearances (Yoán Moncada also hit 12 lefty homers, but he left in free agency). Overall, the Angels were 29th in baseball in home runs hit by lefties, with 34 for the entire team put together. Read the rest of this entry »

Though they may have failed in their reported pursuit of former Miami starter Edward Cabrera, who was ultimately dealt to the Cubs last week, the Yankees still managed to complete a trade with the Marlins for a starting pitcher. As Jack Curry of YES Network reported on Tuesday night, Ryan Weathers is on the move from Miami to New York. In return, the Marlins will receive a group of four minor leaguers from the Yankees: outfielders Dillon Lewis and Brendan Jones, along with infielders Dylan Jasso and Juan Matheus.

Frankly, it’s impressive that Yankees general manager Brian Cashman can get anything done while locked in a staring contest with agent Scott Boras over the terms necessary to re-sign outfielder Cody Bellinger. As for Miami’s side, I deeply respect the Marlins pro scouting department for looking at all the work they did scouring New York’s farm system for potential targets during the Cabrera talks and refusing to let all that effort go to waste.

Weathers, like Cabrera, still has three seasons of team control remaining before he hits free agency. This is not a rebuilding team trading contracts set to expire before its next window of contention opens. Rather, the Marlins, who are in the early stages of transitioning from rebuilding to contending, have such a surplus of starting pitching that they feel comfortable trading not one, but two established starters in favor of stockpiling additional position player talent in the minors. When Michael Baumann wrote up the Cabrera trade, he speculated that we might see debuts this coming season from Thomas White and Robby Snelling, two of Miami’s top pitching prospects who both graduated to Triple-A last year. By trading Weathers in addition to Cabrera, the Marlins are all but committing to giving one or both of them meaningful innings in the majors in 2026. Read the rest of this entry »

The St. Louis Cardinals, or what’s left of them, have traded third baseman Nolan Arenado and cash to the Arizona Diamondbacks for right-handed pitcher Jack Martinez.

Arenado was one of the best players of the 2010s, a three-time National League home run champ and an elite defensive third baseman. In eight seasons with the Rockies, Arenado made five All-Star teams and finished in the top eight in MVP voting five times. He made the All-Star team and pulled off the Gold Glove-Silver Slugger double every season from 2015 to 2018.

On the strength of those performances, the Rockies signed Arenado to one of the richest contracts in baseball history — nine years, $275 million. After two years, they shipped him to St. Louis, where the Cardinals lived out the bargain of the quarter-billion-dollar extension: A couple great seasons, followed by gradual decline and now decrepitude, all before the deal runs out. Read the rest of this entry »

This offseason has been reasonably busy in terms of actual moves, but light on rumors. One of the few exceptions has involved the Marlins’ Edward Cabrera. The Yankees’ interest in the 27-year-old right-hander has been consistent throughout the winter, but it appears they’ve been beaten to the punch.

Cabrera is indeed on the move, but he’s bound for Chicago, not New York, as Michael Cerami of Bleacher Nation reported late Wednesday morning. The Cubs get a hard-throwing starting pitcher, fresh off a 3.53 ERA in 137 2/3 innings, with three years of team control remaining. In order to entice the Marlins to part with Cabrera, Chicago gave up three position player prospects: Owen Caissie, shortstop Cristian Hernandez, and corner infielder Edgardo De Leon. The Yankees, Jon Heyman says, were “never close.” Read the rest of this entry »

Another day, another Met out the door. Jeff McNeil, who to this point had spent his entire 13-year professional career in the Mets organization, is now an Athletic. The 33-year-old second baseman and outfielder is headed to Sacramento (or, to use the Athletics’ official branding, Parts Unknown), in exchange for 17-year-old pitching prospect Yordan Rodriguez. The Mets will pay down $5.75 million of the $15.75 million due to McNeil in 2026, and if the A’s decline McNeil’s club option for 2027, Steve Cohen will cover the $2 million buyout.

At the time of the trade, McNeil was the Mets’ active leader in games played, plate appearances, and hits. If you want a sense of how the Mets’ offseason is going, here’s a fun fact. In the past 30 days, the franchise has had four active leaders in those categories: Brandon Nimmo, who was traded to Texas just before Thanksgiving; then Pete Alonso, who signed with the Orioles during Winter Meetings; then McNeil; and now Francisco Lindor. All that upheaval without playing a single game.

All told, 16 of the 63 players who suited up for the Mets in 2025 have departed since the end of the season. Come February, “Meet the Mets” might be more than a song. They’re going to have to spend the first week of camp wearing name tags and doing icebreakers. Read the rest of this entry »

‘Twas the week before Christmas, and all through Fenway, every fan was insistent: “Get a first baseman, today.” Or, well, probably not – why would there be fans at Fenway when there are no games, anyway? Why Christmas week in particular? Why did they construct their sentence awkwardly to suit a rhyme scheme? But forget about how hard it is to open an article – or at least how hard I’ve made it seem with this one. There’s a trade afoot! The Red Sox have acquired first baseman Willson Contreras from the Cardinals in exchange for right-handed starter Hunter Dobbins and righty pitching prospects Yhoiker Fajardo and Blake Aita, as Jeff Passan first reported.

In a free agent market awash in slugging first base/DH types, Contreras flew under the radar this offseason. Kyle Schwarber and Pete Alonso were the top names at the position, and both secured the deals befitting that status. The Red Sox were clearly interested in adding some offense, particularly in the infield, and were linked to both sluggers before they signed elsewhere. But there are more ways to improve your team than on the open market, and a pivot to Contreras soon followed. Read the rest of this entry »

The Phillies made the playoffs in 2025. The Royals nearly did, and certainly hope to play in October in 2026. Teams like that rarely line up on trades, what with both sides aiming to do the same thing and all. But rarely isn’t the same as never. Philadelphia and Kansas City found something they agree on other than their taste in Super Bowl matchups (last year’s every year, naturally), coming together on Friday to swap relievers: Matt Strahm is heading to Kansas City in exchange for Jonathan Bowlan, as Robert Murray first reported.

Trades are all about two teams with mismatched goals. Who would trade a superstar? A team that isn’t competing at the moment and isn’t one or two players away from changing that. Who would let go of a promising outfield prospect? A team that’s set in the outfield and light on the mound. This trade is two playoff contenders trading relievers, so most of those considerations don’t apply. But there’s still a mismatch in goals and resources here; you just have to look a little more closely.

The Phillies bullpen boasts an embarrassment of riches. Jhoan Duran, the closer, is one of the best in the business, a lockdown reliever you can set and forget in the ninth inning. José Alvarado missed most of the 2025 season thanks to a suspension and injury, but he’s an excellent late-inning option in his own right when available, and he should be back at full strength in the upcoming year. It doesn’t stop there; the team recently signed Brad Keller, who broke out as a dominant single-inning option in 2025. Even without Strahm, that’s a fearsome top trio of relievers, perhaps the best in the majors. Read the rest of this entry »

The Pirates, Rays, and Astros came together on a three-team trade on Friday. In the move, Pittsburgh acquired Brandon Lowe, Jake Mangum, and Mason Montgomery from Tampa Bay. The Bucs sent Mike Burrows to Houston, who in turn dealt Jacob Melton and Anderson Brito to the Rays. Multi-teamers are always complicated, and I find it most helpful to break these down team by team.

Pittsburgh Pirates

Acquires: 2B Brandon Lowe, OF Jake Mangum, LHP Mason Montgomery

Loses: RHP Mike Burrows

The motivation for the Pirates here is obvious, as they entered the offseason with a dire need to convert their pitching surplus into a few bats. The Pirates scored 583 runs this past season, the fewest in baseball, and only Colorado saved their collective 82 wRC+ from bringing up the rear in that category, as well. At the same time, the team’s pitching development pipeline is humming. Paul Skenes is the best pitcher in the NL, and Mitch Keller is a solid mid-rotation starter behind him.

From there, the Pirates have plenty of rotation candidates. Burrows, Braxton Ashcraft, Carmen Mlodzinski, Thomas Harrington, and Bubba Chandler all started games this year. Another potential starter, Hunter Barco, clambered ashore from the banks of the Allegheny late this season, and Jared Jones will presumably return from Tommy John surgery in 2026 and be in the mix, too. It’s enviable depth and ripe for a resource exchange. Pittsburgh started that process earlier this winter, flipping Johan Oviedo to the Red Sox for outfielder Jhostynxon Garcia, and really kicked things into gear with this move. Read the rest of this entry »