One of the most intriguing storylines to follow during the New York Mets’ 2026 season will be whether the team can agree to a contract extension with star pitcher Freddy Peralta.

Peralta was one of baseball’s best pitchers last season, amassing 17 wins and a 2.70 ERA with the Milwaukee Brewers. While giving away top prospects Brandon Sproat and Jett Williams was still a sizable haul, New York likely would have to give up even more in return for Peralta if he wasn’t set to become an unrestricted free agent after this season.

What’s more, President of Baseball Operations David Stearns and the rest of New York’s front office probably wouldn’t have traded for Peralta in the first place if they didn’t believe that negotiating a new contract was likely. And while there’s still plenty of time to iron out a deal, negotiations haven’t gone as smoothly as some might have imagined to this point.