10:10am: ESPN’s Buster Olney says Peavy will listen if the Padres have other ideas aside from his five preferred NL teams. Olney believes Peavy may require more than full no-trade powers with his new team. He could ask that his $22MM 2013 option be exercised, or that the $4MM buyout be increased.
8:47am: Tom Krasovic of the San Diego Union-Tribune talked to Jake Peavy‘s agent Barry Axelrod, who said Peavy would require a new team to grant him full no-trade powers. Currently Peavy’s full no-trade powers run through 2010 but his contract can run through 2013.
While the Padres have been informed of Peavy’s five preferred clubs, Axelrod clarified:
"We certainly did not say we would approve a trade to here, here and here. Let’s take a breath and do some reasoned analysis. We’re trying to take some time to get a grip on this, if that’s possible."
Axelrod also told Krasovic that he would not be surprised if Peavy stays put.