The New York Mets shook up the market on Wednesday, acquiring right-handed starter from the Milwaukee Brewers along with fellow right-hander Tobias Myers. In return, the Mets sent two highly regarded prospects — top-100 talents Jett Williams and Brandon Sproat — to Milwaukee. The deal immediately raised speculation about whether the Mets might pursue a long-term extension for Peralta, whose current contract runs through the 2026 season.
Mets president of baseball operations David Stearns downplayed any immediate extension talks. “I’m not going to speculate on that on Day 1 here,” Stearns said during a conference call, noting that the organization wants Peralta to settle in before any contractual discussions take place.
Stearns emphasized that future negotiations, if they happen at all, will remain private. While an extension would seem natural for a big-market team like the Mets — especially with owner Steve Cohen’s willingness to spend — Peralta still has the option to test free agency when his deal expires.
Mets Viewed Peralta as a Short-Term Asset When Evaluating the Trade
Stearns explained that the front office assessed the trade with the assumption that Peralta is under contract for a limited time. “When you’re evaluating a transaction where the player is under contract for a relatively short amount of time, you have to assume the player is under contract for a relatively short amount of time and make the transaction with those assumptions,” he said.
That philosophy differs from past Mets moves, such as the 2008 Johan Santana trade, which included an extension, or the 2021 acquisition of Francisco Lindor, where a new deal was negotiated shortly after the trade.
Mets Confident in the Value Despite Costly Prospect Return
Although the Mets parted with significant young talent, Stearns expressed confidence in the decision. “Giving up good players hurts,” he admitted. “Those guys are going to be playing in Milwaukee for a long time, and we’re going to be competing against them. We’re also really excited to get Freddy and Tobias here, and I think both those guys are really going to help us.”
Myers, who is under team control for five more seasons, provides additional long-term value and depth to the pitching staff alongside Peralta.
Stearns’ History With Peralta Could Matter Down the Line
Stearns’ long-standing relationship with Peralta — dating back to his early development in Milwaukee — could prove important if extension talks eventually arise. He praised the right-hander’s leadership, work ethic, and steady improvement throughout his career.
“He meshes well with his teammates and his organization,” Stearns said. “He’s grown into a high-quality clubhouse leader, and he’s always striving to improve. He’s gotten just about everything possible out of his ability.”
For now, the Mets are taking a measured approach, focusing on immediate results while leaving the door open for future investment. With Peralta and Myers joining the rotation, the move signals New York’s intent to compete now — while maintaining flexibility for what comes next.