The Giants may finally be circling something real. Jon Heyman reports San Francisco is among the teams checking in on Brewers ace Freddy Peralta, a controllable frontline starter with a manageable salary that fits just about everyone — including the Giants. We break down what Peralta would actually cost, why Milwaukee might move him, and whether this signals a shift from patience to action. Plus, the Cody Bellinger standoff drags on as the Yankees wait and luxury tax penalties loom, forcing the market into another staring contest. We also dive into the Giants operating deep in free agency, potential fits like Miguel Andújar, Starling Marte, and Adam Frazier, and the uncomfortable question hanging over everything: are the Giants quietly treating 2026 as a gap year? The signals are mixed — but they’re getting louder.

0:00 Freddy Peralta Cost

11:18 Deep Dive on FAs

18:26 2026 a gap year?

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Locked On Giants podcast is your daily ticket to stay ahead of the game and the first to know the latest news, analysis, and insider info for the San Francisco Giants and Major League Baseball. Hosted by Allen Stiles, a lifelong Giants fan, current radio host and digital creator that has covered the Giants for years, the Locked On Giants podcast provides your daily Giants fix with expert, local analysis, and coverage of all aspects of the Giants franchise, including game breakdowns and transactions in a data-driven way that’s rational but simple, passionate and accessible. Locked On Giants takes you beyond the scoreboard for the inside scoops on the biggest stories from within the Giants locker room and all over MLB. The Locked On Giants podcast is part of the Locked On Podcast Network. Your Team. Every Day.

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TRADE CHIPS: Giants INTERESTED in Freddy Peralta | Miguel Andujar or Adam Frazier low RISK fits

Locked On Giants – Daily Podcast On The San Francisco Giants