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Blue Jays acquire shortstop Aledmys Diaz from the Cardinals

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MLB.com’s Gregor Chisholm reports that the Cardinals have traded shortstop Aledmys Diaz to the Blue Jays in exchange for minor league outfielder J.B. Woodman.

Diaz, 27, finished fifth in National League Rookie of the Year balloting in 2016. His 2017 left a lot to be desired, batting .259/.290/.392 with seven home runs and 20 RBI in 301 plate appearances. Diaz was demoted to Triple-A Memphis during the season.

Diaz won’t become eligible for arbitration until after the 2019 season and won’t become eligible for free agency until after the 2022 season, so the Jays will have a cost-controlled infielder for many years.

Woodman, 22, was selected by the Jays in the second round of the 2016 draft. This past season, with Single-A Lansing, he hit .240/.320/.378 in 414 plate appearances.

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.