Free agent shortstop Jhonny Peralta is seeking $56-75 million on a four- or five-year deal, tweets Joel Sherman of the New York Post. The former Tiger has drawn interest from a handful of teams, including the Mets and Yankees, but he might have to settle for less to sign a deal.
Earlier, Jon Morosi of FOX Sports tweeted that the Orioles have some interest in Peralta as a left fielder. The Orioles could also trade shortstop J.J. Hardy to open up a spot for Peralta at his natural position.
Peralta just wrapped up a two-year, $11.25 million contract with the Tigers, so the average annual value jump from $5.6 million to $14-15 million is quite severe. Nevertheless, we have already seen some free agents get bigger contracts than expected — the Phillies gave 36-year-old outfielder Marlon Byrd a two-year, $16 million contract, and soon-to-be 35-year-old catcher Carlos Ruiz a three-year, $26 million deal. The Royals gave below-average starter Jason Vargas a four-year, $32 million deal. The Giants gave 36-year-old reliever Javier Lopez a three-year, $13 million deal. Given that, it’s difficult to view Peralta’s desired contract as outlandish.