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.
Jake Peavy For Phil Hughes and Melky Cabrera?
This is barely a rumor, but I have been getting emails about it. Buster Olney said today in his blog that trade talk has run rampant at the GM meetings, even stretching towards deals with little chance of happening.
Olney says the Padres and Yankees briefly discussed a trade that would send Phil Hughes and Melky Cabrera to the Padres for ace Jake Peavy. He also said that trade "almost certainly won’t happen." Peavy makes $6MM in 2008 and $8MM in 2009, with another possible $3MM in incentives over those two years. Peavy expects to be traded before reaching free agency – he knows the Padres won’t pony up $18MM a year. You have to figure Kevin Towers will at least listen. Michael Silverman has heard whispers that Peavy might be available.
Even though it’s highly unlikely, would this be a fair trade?
Trade Rumor Roundup: 9 Days Left
Let’s see what we’ve got this morning in the non-Hillenbrand department…
This is cool: a commenter over at Viva El Birdos emailed Dontrelle Willis‘s agent, Matt Sosnick, asking about the latest trade rumor. Meanwhile, Jayson Stark was adamant in his chat Friday that Willis will not be traded.
Enough with the Mike Lowell for Jake Peavy rumors, folks. No. Freakin’. Way. I know Buster Olney mentioned that Boston must’ve been targeting a notable pitcher given how well Lowell has played this year (.297/.349/.504) but Peavy isn’t going anywhere. Plus, if you adjust Lowell’s production for PETCO Park it would be pretty close to league average for his position.
Could Mike Pelfrey be traded as a player to be named later? The answer seems to be Yes, if named in January, and only if sent to an AL team. MetsBlog tries to decipher MLB’s rules. Of course, Pelfrey is not going to be traded. But it’s good to know.
Gut feeling…I think the Brewers will trade Carlos Lee. Doug Melvin is preparing for a deal, and I think this is an opportunity he can’t pass up.
What’s with the Indians picture next to George Kottaras?