Freddy Peralta signs long-term extension with Brewers

[tmwiese55]

From the agent's perspective though you have to remember they have multiple clients so it's a bit of a numbers game to them as to why they'd be willing to gamble and take the risk of the big mega contracts. The huge paydays for them come with those big contracts, roll the dice enough times on guys and eventually one will stay healthy and get it. From the players perspective, it's just them, if they get hurt they're in trouble.

[markedman5]

That Silver Slugger bonus for Freddy is hilarious!

 

https://www.spotrac.com/mlb/milwaukee-brewers/freddy-peralta-24582/

 

2021 - $1 Million

2022 - $2.25 Million

2023 - $3.5 Million

2024 - $5.5 Million

2025 - $8 Million option

2026 - $8 Million option

 

Contract Notes:

Cy Young Bonus:

1st: $500,000

2nd: $250,000

3rd: $150,000

4th: $100,000

5th: $50,000

All Star: $100,000

Gold Glove: $25,000

$50,000 each for WS MVP, LCS MVP, Comeback POY, Silver Slugger, Reliever of the Year

[monty57]

From the agent's perspective though you have to remember they have multiple clients so it's a bit of a numbers game to them as to why they'd be willing to gamble and take the risk of the big mega contracts. The huge paydays for them come with those big contracts, roll the dice enough times on guys and eventually one will stay healthy and get it. From the players perspective, it's just them, if they get hurt they're in trouble.

 

Exactly.

 

Some players want to maximize their total dollars, and they should look for an agent who is good at that. Some players care more about security, and they should look for an agent who is good at that.

 

Peralta sounds like the latter, and said that it wasn't a tough decision at all for him to take the early extension, even realizing that he might be leaving some money on the table. At the end of the day, the agent works for the player. They really act as a fiduciary, so they need to make decisions based on the player's wants and needs, not their own financial interests.

 

I've had some limited experience as an adviser to pro athletes. With the number of stories out there about players getting screwed over by their agents/advisers and ending up bankrupt, leagues are giving players more education early in their careers, and from my limited experience agents do seem to care about their clients. I'd guess that Peralta's agents aren't really "upset" about this. They may have advised him to wait a while to take an extension, but I'm sure they are happy for him.

[DrugBust]

This has entered the territory where I'm feeling bad for the player. Freddy's got ace stuff and ace results and he's gonna be paid like a middle reliever throughout his prime.

[ClosetBrewerFan]

Well sure, but there are plenty of contracts that go south quickly. Lindblom is looking like one of them. It's a risk for both team and player.

It's life changing money for Freddy regardless so he is doing fine.

 

This signing is looking really good for the brewers though. Those two $8m team option years could be huge. Got to give Stearns some credit here

[MrTPlush]

He will still hit FA at about 30....probably a big reason he signed it. How many FA years did he even give up?

[ClosetBrewerFan]

He had 2 years of service time prior to this year, so 4 more years left. The 2 team options buy out the first two years of FA

[pacopete4]

There’s plenty of time for him to trip over first base and blow out his arm. It’s still a good deal for him.

[Jopal78]

This has entered the territory where I'm feeling bad for the player. Freddy's got ace stuff and ace results and he's gonna be paid like a middle reliever throughout his prime.

 

If his agent didn’t tell him he was potentially giving up way more money in the long run in exchange for guaranteed payments up front, then Peralta probably has changed agents since signing this deal, otherwise he knew what he was doing when he signed his extension. No reason to feel bad for him.

[jonescm128]

This has entered the territory where I'm feeling bad for the player. Freddy's got ace stuff and ace results and he's gonna be paid like a middle reliever throughout his prime.

 

If his agent didn’t tell him he was potentially giving up way more money in the long run in exchange for guaranteed payments up front, then Peralta probably has changed agents since signing this deal, otherwise he knew what he was doing when he signed his extension. No reason to feel bad for him.

 

He doesn't seem to be feeling bad for himself. Always seems so genuinely happy and humble. Such an easy guy to root for.

[timpep]

This has entered the territory where I'm feeling bad for the player. Freddy's got ace stuff and ace results and he's gonna be paid like a middle reliever throughout his prime.

 

Gotta have a pretty blessed life to feel bad for a 20 something millionaire because he isn't rich enough!

[Eye Black]

Really good article from Will Sammon of The Athletic:

 

How Freddy Peralta became a major organizational win for the Brewers

 

It was apparently Matt Kleine, now the Brewers’ vice president of baseball operations, that was the one who started following Peralta on the Arizona backfields in 2013 when he was just a 17-year old in the Mariners system. Kleine reportedly thought Peralta had first round talent (as compared to domestic 17-year olds eligible for the MLB Draft). In 2015 he advocated for Peralta’s inclusion in the Adam Lind deal, and convinced Stearns and Arnold (despite having only worked with them for a couple months at that point) to choose the deal that included Peralta over an offer on the table from another team for a more established prospect.

[Thurston Fluff]

This has entered the territory where I'm feeling bad for the player. Freddy's got ace stuff and ace results and he's gonna be paid like a middle reliever throughout his prime.

 

If his agent didn’t tell him he was potentially giving up way more money in the long run in exchange for guaranteed payments up front, then Peralta probably has changed agents since signing this deal, otherwise he knew what he was doing when he signed his extension. No reason to feel bad for him.

 

He doesn't seem to be feeling bad for himself. Always seems so genuinely happy and humble. Such an easy guy to root for.

 

Totally agree. He seems happy with his situation. Some players are happier with certainty even after they find out they could have made more elsewhere. Being in a stable environment you know and like has more value to some than others. I'm sure plenty of players went for the best money deal they could get but ended up in a place they hated playing and regretted it as much as the player who settled for less to stay where they were.