Tampa Bay Rays Acquire Freddy Peralta in Four-Player Trade with New York Mets as Deadline Approaches
The Tampa Bay Rays acquired right-hander Freddy Peralta from the New York Mets on Sunday in exchange for three prospects: outfielder Aidan Smith, infielder Emilien Pitre, and right-hander Gary Gill Hill. Peralta, a two-time All-Star, has struggled this season with a 4.99 ERA but will bolster the first-place Rays' rotation.
Image related to Tampa Bay Rays Acquire Freddy Peralta in Four-Player Trade with New York Mets as Deadline Approaches. (Photo: Metro Daily Reporter)
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A Buy-Low Move for the AL East Leaders
On the eve of the 2026 MLB trade deadline, the Tampa Bay Rays made a significant move to strengthen their starting rotation, acquiring right-handed pitcher Freddy Peralta from the New York Mets. The deal sends three prospects to New York: outfielder Aidan Smith, infielder Emilien Pitre, and right-hander Gary Gill Hill.
The trade represents a classic Rays gambit: acquiring a veteran with a track record of success who is currently underperforming, with the hope that their renowned pitching development system can unlock his previous form. For the Mets, it marks another step in what has become a disappointing season, as they continue to sell off short-term assets.
The Player: Freddy Peralta's Journey from Ace to Reclamation Project
Peralta, 30, was a two-time All-Star during his tenure with the Milwaukee Brewers. From 2021 to 2025, he logged 738â…“ innings with a 3.30 ERA and a 29.6% strikeout rate. The Mets acquired him in the offseason, believing he would solidify a championship-caliber rotation alongside Nolan McLean.
But his time in New York has been disastrous. Over 22 starts, Peralta has a 4.99 ERA in 113â…” innings. His strikeout rate has plummeted from 28.2% to 22.1%, and his whiff rate has dropped from 30.1% to 26.8%. He failed to pitch into the sixth inning in half of his starts and completed five innings in only seven of 22 outings.
The Return: Three Prospects Head to Queens
Aidan Smith (OF)Â is being traded for the second time in his career; he went from Seattle to Tampa Bay in the Randy Arozarena deal in 2024. The 22-year-old has struggled offensively this season, batting .209 with a .672 OPS across three levels, with a 32% strikeout rate. He is ranked as the No. 15 prospect in the Rays' system by Baseball America.
Emilien Pitre (INF), 23, was a second-round pick by the Rays in 2024. He has thrived in Double-A, slashing .323/.451/.492 over 163 plate appearances with an exceptional 18.4% walk rate. FanGraphs ranked him at No. 37 in the Rays' system in June, projecting him as a potential utility player.
Gary Gill Hill (RHP), 21, was a sixth-round pick in 2022 and is ranked at No. 27 in the Rays' system. He has a 4.43 ERA in 15 Double-A starts this season. He was a top-100 prospect at one point but has seen his prospect status decline.
The Context: Why the Rays and Mets Made This Deal
The Rays are 65-45 and lead the AL East by 3.5 games. Despite their strong record, the rotation has question marks. Shane McClanahan recently hit the injured list, Drew Rasmussen has a history of arm troubles, and Griffin Jax is already at a career-high innings total. Peralta will join Rasmussen, McClanahan, and Nick Martinez in the rotation.
For the Mets, this is the second veteran they have unloaded since Thursday, joining reliever A.J. Minter. New York sits in last place in the NL East and is expected to move more players before the deadline, including Clay Holmes, Luke Weaver, Tyrone Taylor, and Luis Robert Jr. Holding Peralta and making a qualifying offer would have yielded a pick after the fourth round as a tax-paying team, making this prospect package more valuable.