Long SP extensions<\/p>\n
Length<\/p>\n
\u00a0\u00a0<\/p>\n
Last Signed<\/p>\n
\u00a0\u00a0<\/p>\n
Player<\/p>\n
\u00a0\u00a0<\/p>\n
Age<\/p>\n
\u00a0\u00a0<\/p>\n
8 years<\/p>\n
Never<\/p>\n
N\/A<\/p>\n
7 years<\/p>\n
2022<\/p>\n
28<\/p>\n
6 years<\/p>\n
2025<\/p>\n
26<\/p>\n
5 years<\/p>\n
2026<\/p>\n
28<\/p>\n
Limit it to pitchers already in their 30s, like Peralta, and nobody gets more than five years \u2014 only Tyler Glasnow (2024), Joe Musgrove (2023) and Luis Castillo (2023) this decade have signed extensions that long. Those deals all covered their age-30 through age-34 seasons; Peralta\u2019s would start with his age-31 season.<\/p>\n
So, most franchises would shy away from that length of commitment, to say nothing of the Mets\u2019 relatively conservative approach to starting pitching under Stearns: The three-year deals for Sean Manaea and Clay Holmes are as long as Stearns has gone for a starter in free agency. To be fair, Stearns was willing to go as long as 12 years for Yoshinobu Yamamoto in free agency, when Yamamoto was 25. A new deal for Peralta would kick in at 31, six years older than Yamamoto was.<\/p>\n
Which is all to say, if Peralta really wants a deal of that length, he\u2019ll probably have to wait for free agency and other bidders. (Max Fried was the same age as Peralta when he signed his eight-year deal with the Yankees back ahead of the 2025 season.)<\/p>\n
The free-agent class is thinning<\/p>\n
Looking ahead to this winter, two-time defending Cy Young winner Tarik Skubal will be in a class of his own \u2014 capable of pushing the market for starting pitchers beyond $400 million. But the tier behind Skubal is thinning out with extensions this spring for Jes\u00fas Luzardo and Chris Sale. Peralta\u2019s remaining peer in that group is probably Kevin Gausman, who is five years his senior and has talked about retirement.<\/p>\n
Luzardo signed a five-year, $135 million extension<\/a> with the Phillies on Monday. Sale signed an extension<\/a> that adds one season to his team control, also at an average annual value of $27 million.<\/p>\n So Peralta should be the clear No. 2 in free agency if he reaches that point.<\/p>\n What does Luzardo\u2019s deal mean for Peralta?<\/p>\n The Phillies\u2019 valuation of Luzardo aligns with the market overall; similar pitchers like Carlos Rod\u00f3n signed for around the same amount. (If anything, the Phillies did well to sign Luzardo only through his age-33 season; most of these deals last at least through age-34.) And Luzardo is a decent comp for Peralta.<\/p>\n Player<\/p>\n \u00a0\u00a0<\/p>\n Age<\/p>\n \u00a0\u00a0<\/p>\n fWAR1<\/p>\n \u00a0\u00a0<\/p>\n fWAR3<\/p>\n \u00a0\u00a0<\/p>\n fWAR5<\/p>\n \u00a0\u00a0<\/p>\n 28<\/p>\n 5.3<\/p>\n 9.8<\/p>\n 11.9<\/p>\n 30<\/p>\n 3.6<\/p>\n 8.9<\/p>\n 14.9<\/p>\n While Luzardo has not been the consistent performer that Peralta has been, he\u2019s had a higher ceiling on his results, as you can see here:<\/p>\n (I know, I know, you want to point out that Luzardo\u2019s ERA was more than a run higher than Peralta\u2019s last season, so why is his WAR so much better? The Brewers\u2019 defense was one of the best in baseball, and Philadelphia\u2019s was average to below-average. The batting average on balls in play against Peralta last season was .246 compared to .324 for Luzardo, even as the contact against them suggested closer alignment. It\u2019s my experience that pitchers get paid more for WAR than for ERA.)<\/p>\n Previously, I\u2019d projected a Peralta extension around four years and $112 million ($28 million AAV). That doesn\u2019t really change with the Luzardo deal. If Peralta really does value a longer deal at a lower AAV, maybe he ends up going with five years and $130 million ($26 million AAV). However, unlike some other large-market teams, Stearns\u2019 Mets have not wanted to go longer on a deal to save on AAV. They\u2019ve preferred to go the other way, as shown in their deals for Manaea and Bo Bichette and their pursuit of Kyle Tucker.<\/p>\n","protected":false},"excerpt":{"rendered":"PORT ST. LUCIE, Fla. \u2014 Few players have ever looked as excited to play in New York as…\n","protected":false},"author":2,"featured_media":516918,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[363,1189,99],"class_list":["post-516917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mlb","tag-mlb","tag-new-york-mets","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/516917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=516917"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/516917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/516918"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=516917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=516917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=516917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"\/](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-10-132754-1.png\")
<\/p>\n