Wandy Peralta Exercises Player Option

[Matthew Lenz]

Shortly after news broke that closer Robert Suarez declined his 2026 player option, the San Diego Padres learned that a different key contributor will be back in the bullpen in 2026.

Annie Heilbrunn of the San Diego Union-Tribune is reporting that reliever Wandy Peralta has a 2026 player option. He will be paid $4.45 million in 2026 and will have the same decision to make in 2026.

Peralta appeared in 71 games for the Friars, recording 71 2/3 innings pitched. Despite a solid 3.63 FIP, a low K-BB% of 10.5% and a low- to medium-leverage role, he provided a -0.22 WPA in 2025. Regardless of the metrics, Peralta was an important arm capable of eating innings. While FanGraphs values his production about half a million dollars below his salary, the open market can drive up player salaries, resulting in teams overpaying. While he isn't an exciting arm, it's hard to argue his value when he's making less than $5 million.

How do you think today's option decisions impact the Padres' offseason plans? Let us know in the comments!

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