Marlins initiated contract extension talks with Eury Pérez's representatives

[Isaac Azout]

The Miami Marlins engaged the representatives of right-handed phenom Eury Pérez regarding a potential contract extension during the spring of 2025, sources tell Fish On First, though talks failed to progress beyond the initial stages. The gap between the two sides was approximately $15 million in guaranteed money at the time.

Ken Rosenthal of The Athletic was first to mention early Wednesday morning that these talks took place.

The Dominican flamethrower possesses a rare combination of size, command, fastball quality, and youth. He made his major league debut on May 12, 2023. In 19 starts as a rookie, Pérez posted a 3.15 ERA with 10.6 strikeouts per nine innings. His season was interrupted in July by an unpopular demotion to Triple-A due to a predetermined innings limit. He was recalled a month later and eventually finished the year on the injured list with left SI joint inflammation.

In spring training 2024, Pérez first dealt with a fingernail issue, then began experiencing elbow discomfort. He opened the season on the injured list and later underwent season-ending Tommy John surgery. He returned to MLB in June 2025 and recorded a 4.25 ERA over 95 ⅓ innings. He will still be just 22 years old on Opening Day 2026.

"We're always going to have those conversations. We have a bunch of really good players," president of baseball operations Peter Bendix this offseason said in relation to making extensions. Conveniently Pérez is represented by Adriel Reyes of CAA—the same agent who negotiated Sandy Alcantara’s extension, the only long-term deal completed during the Bruce Sherman era.

Knowledge of these past talks comes on the heels of reporting that the Marlins are also interested in securing All-Star outfielder Kyle Stowers on a team-friendly deal. However, Pérez, outfielder Jakob Marsee and catcher Joe Mack profile as far more likely extension candidates.

Relevant recent extensions signed by other young starting pitchers include Brayan Bello’s six-year, $55 million deal with Boston in 2024 and Spencer Strider’s six-year, $75 million contract with Atlanta in 2022. I expect Miami to be offering Pérez something in between should they rekindle negotiations this winter. Fish On Fist founder Ely Sussman projected a five-year, $60 million pact in his Marlins offseason blueprint.

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[THOMAS JOSEPH]

Hmm. 

[Guest]

I really hate the Off Season when it comes to the Marlins. It's the same BS every year: articles about really good free agents they have no intention of signing, articles about extensions they have no intentions of granting, and eventually news that they signed SOMEBODY, because they had to. The Players Union doesn't like it when teams TAKE Luxury Tax money and don't use it to sign players.

Here's MY OPINION on what the Marlins should do this offseason: BASICALLY NOTHING. They have a good core of young players and some veteran pitchers that can make some noise this year, even with a moron for a manager. The ONLY free agent signings I want to see are minor ones for relief pitching; you can never have enough relief pitchers and clowns like Josh Simpson need to disappear. Other than that, I want them to give young guys like Joe Mack a chance, move Augustin to 1st base, and trade WAGABUM to anyone stupid enough to want a 1st baseman with no power, no speed, and crappy defense. I DO NOT want them to sign a washed up veteran free agent just so they can tell the Players Union that they signed SOMEBODY. Guys like that wind up blocking deserving young players and contribute very little; in fact they often wind up hurting the team (see Bell, Heath, 2012). The Marlins should go with their young players, several of whom showed a lot of promise last year and stop pretending that they are like other teams in the off season that are truly looking to spend significant money to improve themselves.

[Guest]

As for Eury Perez, he should refuse to sign ANY extension. Look at what it got Sandy; they got a Cy Young winning pitcher for 11 million a year averaged out. Eury should do what all Marlins should do: NOTHING. Play until eligible for arbitration and keep doing that until they become free agents and can get the hell out of here. This is not a serious team.

[JustMarlins]

It’s good to see the Marlins at the very least kicking the tires on some possible contract extensions. Hopefully they can hit on one eventually. 

[MarlinzDude86]

Eury is a bit more proven than Stowers is, so I'd like to see him get that extension as is stands now. If Stowers can follow up this season with 30+ HRs and 100+ RBI then yes, that's an extension in my book.

I'm never confident in the franchise spending any substantial amount of money. That's the way it goes though. Hope that CBA tilts the balance of power to neutrality as far as fairness goes.

[One Regend]

They really just lowballed the most talented starting pitcher on their team in about a decade, while he's still relatively attainable.

Wow this front office is unserious.