Todd Helton needs knee surgery after having hip surgery

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Todd Helton, who already underwent hip surgery in August, will have left knee surgery today to repair a torn meniscus, according to Patrick Saunders of the Denver Post.

Saunders writes that the surgery “is not considered major” and Helton is expected to be ready for spring training, but at age 39 and coming off a season in which he played just 69 games his health is obviously a huge question mark.

Helton is owed $5 million in the final season of his contract and has played 16 seasons for the Rockies, but hit just .238 with seven homers and a .743 OPS when in the lineup this year. At this point he seems likely to be a part-time player in 2013.

Brewers sign Freddy Peralta to a multi-year deal

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Ken Rosenthal reports that the Milwaukee Brewers have agreed to a five-year $15.5 million deal with pitcher Freddy Peralta. There are two club options as well, which would nearly double the overall value of the contract if exercised.

Peralta, who turns 24 in June, has amazing stuff. He has struggled so far, having posted a 4.79 ERA in 163.1 major league innings across two seasons, but people who follow him closely believe that he’s primed for a breakthrough. For now he’s a reliever — he’ll likely be a multi-inning fireman for the 2020 season — but he has was mostly a starter in his rookie year before assuming swingman duties last season. He could become one again if things break right in his development. Sort of a Brandon Woodruff track.

If that happens the Brewers will, quite obviously, have a bargain on their hands. If not, at least Peralta has some security on his.