The Cubs' Potential Free Agency Target: Freddy Peralta
With the MLB offseason looming, the Cubs are reportedly eyeing Freddy Peralta as a potential free agent target. The question on everyone's mind is: How much will Peralta cost? According to Bob Nightengale, Peralta is seeking an eight-year, $218 million contract, a price tag that's already causing some eyebrows.
Peralta's Performance
Peralta's performance over the years has been impressive, but it's not without its ups and downs. In 2021, he had a stellar season with a 2.81 ERA and 4.0 WAR, but his 2022 and 2023 seasons were more mixed, with ERAs of 3.58 and 3.86, respectively. Despite this, his overall career numbers are respectable, with a 3.35 ERA and 3.1 WAR.
Comparing Prices
The $218 million price tag Peralta is reportedly seeking is a significant amount, especially for a pitcher. To put it into perspective, Max Fried, a similar pitcher, signed an eight-year, $218 million contract just last year. However, Fried's contract was signed heading into his age-31 season, while Peralta is just 27. This could be a significant factor in the price difference.
The Cubs' Financial Situation
The Cubs have never spent more than $184 million on a player, and their big contracts have primarily gone to position players. With a lot of money coming off the books, the Cubs may be hesitant to commit to a $200 million contract for a pitcher. Additionally, the team is already losing a lot of pitching, with Jameson Taillon, Shota Imanaga, and Matthew Boyd all set to become free agents.
The Craig Counsell Connection
One factor that could influence the Cubs' decision is the Craig Counsell connection. Counsell and Peralta spent a lot of time together in Milwaukee, and this relationship could be a significant factor in the pursuit. However, the Cubs' financial constraints may still be a significant hurdle.
The Bottom Line
While Peralta's performance and potential are undeniable, the $218 million price tag is a significant ask. The Cubs' financial situation and the team's need for pitching may make it difficult to commit to such a large contract. As the offseason progresses, the Cubs will need to make some tough decisions to build a competitive team for the future.
