Giants reportedly among five teams ‘in on’ trade talks for All-Star Brewers pitcher Freddy Peralta

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Though the Giants have cautioned that they won’t spend wildly in MLB free agency, president of baseball operations Buster Posey could take a big swing in the trade market.

The Giants are one of five teams currently “in on” trading for Brewers right-handed pitcher Freddy Peralta, The Athletic’s Ken Rosenthal and Will Sammon reported Wednesday, citing people familiar with Milwaukee’s discussions. The addition instantly would upgrade San Francisco’s starting rotation.

Rosenthal and Sammon listed the Baltimore Orioles, Boston Red Sox, New York Yankees and Houston Astros as other teams currently pursuing Peralta, while the New York Mets “are also believed to be interested.”

The 29-year-old Peralta is coming off his best MLB season. He posted a 17-6 record with a 2.70 earned run average in 33 starts, garnering his second career MLB All-Star selection and finishing fifth in the National League Cy Young Award voting. Due just $8 million in 2026, Peralta will be a free agent after the season.

The Giants, meanwhile, have made clear their aim to prioritize pitching this offseason. Aces Logan Webb and Robbie Ray will return, along with promising right-hander Landen Roupp, but there is an obvious need for at least one reliable starting arm. Peralta would more than fill that void, fresh off three consecutive 30-start campaigns.

As Rosenthal and Sammon report, however, there is plenty of competition and “no deal appears close. Talks are fluid, and the teams interested in Peralta are also exploring free agents and trades for other starting pitchers.”

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