Pena has two more years of team control on his contract and is currently set to hit free agency after the 2027 campaign. The Astros appear motivated to get him locked down for the future, but they'll have to wait as Pena's camp pivots to Boras.

Michael Shapiro is a sports reporter for Chron, covering the Astros, Rockets, Texans and every team in town. Michael is a Denver native and graduate of the University of Texas at Austin, and a noted fan of pull-up threes, wide-receiver passes and a good hot fudge sundae.

Having himself an All-star season thus far, Jeremy Peña has raised his contract value drastically following the Astros' rebuilding stage here in Houston with the departure of a few veterans this past offseason.