Peralta opts for security in $15.5M deal with Brewers
PHOENIX (AP) — Milwaukee pitcher Freddy Peralta chose financial security over the potential for far more money down the road, finalizing a $15.5 million, five-year contract with the Milwaukee Brewers.
The deal for the 23-year-old right-hander covers two years of club salary control and his three years of arbitration eligibility.
There are a pair of team options that if exercised would raise the value to $30 million over seven seasons.
If he turns into a star, the Brewers will have him at far under market value.
But for now, he is guaranteed nearly 30 times the $533,258 he earned last year.