The Brewers exercised Peralta's $8 million option for 2026 on Monday, Todd Rosiak of the Milwaukee Journal Sentinel reports.

EDGE Analysis

The Brewers picking up Peralta's option was a given. The big question is whether they will trade their ace this winter, as he's slated to reach free agency next offseason and highly unlikely to ink a long-term deal with Milwaukee. Peralta won a career-high 17 games while posting a 2.70 ERA, 1.08 WHIP and 204:66 K:BB over 176.2 innings covering 33 regular-season starts for the Brewers in 2025.

Peralta took the loss in Game 2 of the NLCS against the Dodgers on Tuesday, allowing three earned runs on five hits and a walk while striking out four batters over 5.2 innings.

EDGE Analysis

The 29-year-old righty took the mound in the second inning with a 1-0 lead but watched it quickly disappear courtesy of a solo home run from Teoscar Hernandez and an RBI double from Andy Pages. Peralta did a good job of settling in afterward and kept the game close for the next several innings, but he was eventually pulled after coughing up another solo shot to Max Muncy in the sixth. If Milwaukee can rally and take a couple of games from the Dodgers on the road, Peralta may be able to take the mound again in Game 6 or 7.

Peralta is slated to draw the start in Game 2 of the NLCS against the Dodgers on Tuesday, Curt Hogg of the Milwaukee Journal Sentinel reports.

EDGE Analysis

Peralta will get his third start of the postseason, as Milwaukee hosts the Dodgers for the first two games of the NLCS. The right-hander has pitched 9.2 innings, allowing five runs on seven hits and five walks while striking out 15 batters over two outings in the playoffs so far. Peralta surrendered four runs over 11 innings in two starts against the Dodgers during the regular season.

Peralta took the loss to the Cubs on Thursday in Game 4 of the National League Division Series. He allowed three runs on three hits and two walks while striking out six over four innings.

EDGE Analysis

Ian Happ did all of the damage against Peralta with one swing of the bat in the first inning. Peralta threw 55 of his 84 pitches for strikes, generating 15 swings-and-misses in total. He hasn't quite performed up to his usual standards this postseason (4.66 ERA), and the Brewers are now looking at another bullpen game in Saturday's decisive Game 5 after getting out to a 2-0 series lead initially.

Peralta will start Thursday in Game 4 of the NLDS versus the Cubs, Adam McCalvy of MLB.com reports.

EDGE Analysis

Peralta pitched well in a Game 1 victory, striking out nine while yielding two runs over 5.2 innings. He and the Brewers will be looking to close out the series Thursday to punch their ticket to the NLCS. The Cubs will be countering with left-hander Matthew Boyd.

Peralta earned the win during Saturday's game against the Cubs after allowing two earned runs on four hits and three walks while striking out nine batters over 5.2 innings.

EDGE Analysis

It seemed like Peralta was going to be in for a long day after he allowed Michael Busch to hit a leadoff home run on Peralta's fourth pitch of the game, but the 29-year-old righty quickly settled in afterward. Nine runs of support from the Brewers' offense after two innings allowed him to work under minimal pressure for the rest of the afternoon, and he did so while tying a franchise record for strikeouts in a postseason game. If the Cubs take one of the next two games from Milwaukee, Peralta will surely be in the conversation to start Thursday in Game 4.

Peralta took a no-decision in Sunday's 4-2 win against the Reds, conceding one run on three hits and no walks over two innings. He struck out three.

EDGE Analysis

The Milwaukee right-hander threw only 44 pitches, 30 of which were strikes, in this short tune-up before his team enters the playoffs. The lone blemish on Peralta's line came via an Elly De La Cruz solo homer in the second. With this effort, Peralta concludes the finest regular season in his eight-year career. He pitched to a 2.70 ERA, 1.08 WHIP and 204:66 K:BB across 176.2 total innings.

Brewers manager Pat Murphy suggested Friday that Peralta will be on a limited pitch count in his final start of the regular season Sunday versus the Reds, Adam McCalvy of MLB.com reports.

EDGE Analysis

Heading into play Saturday, the Brewers sit one game ahead of the Phillies for the best record in baseball and home-field advantage throughout the playoffs. Even if the Brewers drop Saturday's game against Cincinnati to leave something at stake Sunday, Murphy seems inclined to prioritize easing up on Peralta's workload heading into the NLDS rather than counting on the team's ace to make a normal start. Peralta has tossed 174.2 innings through his first 32 starts, narrowly surpassing the career-high 173.2 he tossed in 2024.

Peralta did not factor into the decision Monday, allowing two runs on four hits and a walk over five innings against the Padres. He struck out six.

EDGE Analysis

Peralta escaped early trouble and settled in for a respectable outing, marking his 23rd start of the year with two or fewer runs allowed. The 29-year-old has pitched like a true ace throughout 2025, carrying a 2.68 ERA and 1.07 WHIP across 174.2 innings in 32 starts. While he didn't earn the win Monday, his 17 victories still lead the National League.

Peralta (17-6) earned the win Tuesday, allowing a run on two hits and two walks over six innings against the Angels. He struck out 10.

EDGE Analysis

Peralta was excellent Tuesday, with the only damage against him coming via a solo homer by Denzer Guzman in the fifth inning. The victory is the right-hander's 17th of the season, tying Max Fried for the MLB lead and continuing to improve his career high. Peralta has been dominant all year, carrying a 2.65 ERA and 1.07 WHIP across 31 starts and 169.2 innings.