« Rangers Would Require Apology From Rogers | Main | Rivera Wants Four Years »

Padres Look To Extend Peavy

Jake Peavy will soon add a Cy Young to his resume, and the Padres would like to explore a contract extension with him.  Under his current contract, Peavy will earn $6.5MM in '08 and $11MM in '09 once he wins the award.  The Padres would like to extend him for the 2010 and 2011 seasons and possibly more.

Peavy realizes the Padres won't give him the $18MM+ per year he could earn on the free market.  But an extension for 2010-11 in the range of $32-35MM could work.

It's been assumed that any team trading for Peavy this winter would have him for two seasons.  However, that isn't the case - Tom Krasovic says he could opt for free agency after '08 as a player traded during a multiyear deal.  I assume Dan Haren has the same right, but Erik Bedard does not.  That certainly bumps up Bedard's value.

Krasovic also adds that the Padres have their eye on Jim Edmonds and Ryan Church as center field options.  The Padres would expect Edmonds to be a salary dump and the Cards to throw in some cash.  Meanwhile Jim Bowden has a high asking price for Church.


TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d834515b9a69e2010534a59407970c

Listed below are links to weblogs that reference Padres Look To Extend Peavy:







Lijit Search




Enter your email address:

Delivered by FeedBurner







NAVIGATION

Site Map
Archives
Feeds by Team

MLBTR INFO

Advertise
About
Commenting Policy
Privacy Policy

CONNECT

Contact Us
Widget
Twitter
Facebook
Rss Feed


MLB Trade Rumors is a partner of FanVsFan. MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com.