The extreme rarity of perfect games underpins the 82.5% implied probability that none will be thrown in the 2026 MLB season. Only 24 have occurred across more than 150 years and 240,000-plus games, with the most recent by Domingo Germán in June 2023 marking the longest drought since the 1980s. In the current campaign, which is roughly two months old, no pitcher has approached the feat, as complete games remain uncommon and defensive support plus pinpoint control must align perfectly across nine innings. Recent form for staff aces shows solid strikeout rates but also elevated walk totals and hard contact that heighten the chance of baserunners, while bullpen usage and analytics-driven pitching changes further reduce opportunities for the required endurance. Trader consensus reflects these longstanding barriers more than any short-term roster shifts.