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  #1  
Old 10-30-2012, 06:04 PM
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ChiSoxGal85 ChiSoxGal85 is online now
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Default Sox Re-sign Peavy

MLB Trade Rumors ‏@mlbtraderumors

White Sox Extend Jake Peavy http://bit.ly/V6jQZY #mlb
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  #2  
Old 10-30-2012, 06:04 PM
keloms keloms is offline
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Default Sox sign Peavy to 2 year deal

@DanHayesCSN: Baseball source: Jake Peavy has signed a two-year deal with the #WhiteSox. Details to come
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  #3  
Old 10-30-2012, 06:04 PM
kevingrt kevingrt is offline
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Default Sox Resign Peavy

Two years for $29 million with a 3rd year option.

Per @whitesox
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  #4  
Old 10-30-2012, 06:07 PM
samurai_sox samurai_sox is offline
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Good, Peavy has been a gamer all year.
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  #5  
Old 10-30-2012, 06:11 PM
Boondock Saint Boondock Saint is online now
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Awesome news.
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  #6  
Old 10-30-2012, 06:11 PM
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Pretty good deal. I thought he'd get more years on the open market.
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Old 10-30-2012, 06:11 PM
MUsoxfan MUsoxfan is offline
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I thought for sure he'd be a goner. Excellent news
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  #8  
Old 10-30-2012, 06:14 PM
russ99 russ99 is offline
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Great news that Peavy and Floyd will be back, settles our SP situation.

But if we're operating at a similar payroll level as Hahn alluded to in his presser, somebody who's not an FA has got to go.
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  #9  
Old 10-30-2012, 06:15 PM
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This is great news! I really think the Sox lucked out because he surely would have gotten a 3-year deal from another team with no problem.

Peavy will also get his $4M buyout which someone reported will be paid $1M/year from 2016-2019.

Welcome back Jake!!
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  #10  
Old 10-30-2012, 06:19 PM
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Happy to hear. Glad Jake-miester is staying on the Southside......yes!!!
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  #11  
Old 10-30-2012, 06:24 PM
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This and the excercising of Floyd's option is interesting. With the FA market at 3B and C, this gives them some flexibility with a deep staff and the ability to explore trades with guys like Quintana, Santiago, Leesman, Rodriguez and/or Floyd.

Welcome back Jake, and thanks for taking a bit of a discount (at least in years)!
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  #12  
Old 10-30-2012, 06:27 PM
Harry Potter Harry Potter is offline
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http://blogs.suntimes.com/whitesox/

Quote:
Peavy will receive $14.5 million in each of the next two seasons, with performance incentives in the deal that would extend his contract through 2015 for another $15 million.

The $4-million buyout for Peavy's $22 million club option for 2013 will be paid out over 2016-19 in equal installments.
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  #13  
Old 10-30-2012, 06:31 PM
amsteel amsteel is offline
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I feel like he already has enough of the Sox money.
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  #14  
Old 10-30-2012, 06:40 PM
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Glad to hear this, shows that the Sox are serious about contending in 2013.
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  #15  
Old 10-30-2012, 06:45 PM
PaleHoser PaleHoser is offline
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I think deferring the buyout until this contract expires, and over four years could be a big deal. Creates an extra $4M in this year's budget and a $1M hit over four years is much softer than $4M all at once.

Maybe AJ's next?
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