Justin Verlander
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Report: Astros talking to Justin Verlander, Gerrit Cole about extensions

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It’s extension season and Ken Rosenthal of The Athletic reports that the Astros — who already agreed to an extension with Alex Bregman — are discussing contract extensions with Justin Verlander and Gerrit Cole.

Funny thing about Verlander, by the way: when he got his current $180 million deal, most people fell into the “oh, there’s an overpay!” column. What’s more, this past winter, when everyone was talking about how bad it is to give guys big long term deals, Verlander’s name was notably absent in the conversation despite the fact that his deal has turned out to be quite good. I suppose that says something about how good the anti-long-term deal folks are at cherrypicking.

That being said, Rosenthal says “it would be an upset” if either Verlander or Cole signed extensions. I can see that. Verlander is locked up this year and has a vesting option for 2020, and a lot can happen in a year or two. Cole is a Scott Boras client and Boras clients tend to hit the market rather than sign extensions. Perhaps their former teammate, Dallas Keuchel‘s, terrible experience on the free agent market this winter will alter that calculus. Hard to say.

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.