As others mentioned earlier, it's probably justifiable if Alex is chasing another flag or two. By the time you get to the 5th and 6th year, you're probably rebuilding at that point anyway - Fried becomes a free-agent in 2025 (4th year of the deal), and Riley and Anderson become free-agents in 2026 (5th year of the deal). At that point you'll be into Acuna and Albies' option years, and still having Freeman around for the fans may be helpful if you wind up trading either (or both) away trying for another quick rebuild.
FWIW, if folks are angling for a Fried extension that resembles the Berrios deal - giving him 7 years/$118 million NOW keeps him under control through the end of Acuna's deal. Certainly a lot cheaper than trying to re-sign Freddie, but that's an awful lot of risk given Max' injury history.