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Jake Peavy Rumors: Thursday

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10:56pm: Axelrod suggestion the Giants as a possible destination for Peavy in a talk with Tim Sullivan.  He said, "I think they’ve got the money. But I don’t know if they’ve got the prospects."

8:20pm: Jon Heyman says that Peavy is frustrated by the team’s inability to trade him. His agent, Barry Axelrod, says that Peavy had begun to get used to the idea of being a Cub, and now that opportunity is apparently gone. Axelrod says if the Padres approach he and his client with a trade, they’ll consider it, but there won’t be any more lists of approved teams.

Axelrod also criticizes the majority of baseball executives for their lack of action at the Winter Meetings.

"It’s amazing to me how many people can waste time, money and resources, and get nothing done," Axelrod said. "Baseball moved lock, stock and barrel into that town, and absolutely nothing happened."

6:45: Mike DiGiovanna at the LA Times says that the Angels are now in the mix for Peavy. Trade talks could begin as soon as next week, with Brandon Wood, Erick Aybar, Reggie Willits, Nick Adenhart, and Kevin Jepsen all names that could be talked about. The Angels will only pursue Peavy if they can’t re-sign Mark Teixeira.

5:02pm: Talked to a person familiar with the Cubs’ thinking…he really could not see the Cubs revisiting a Peavy trade.  The Padres need to get Peavy’s $63MM off the books soon, yet were trying to swing 6-for-1 or 7-for-1 deals for him despite the extremely limited market.  Marshall was never in the mix, by the way.

3:27pm: MLB.com’s Mark Bowman says the Braves "won’t even think about renewing their pursuit of Peavy unless the talks are initiated by the Padres, who will no longer find a compensation package that includes Yunel Escobar."  Escobar is apparently off the table because the Braves no longer have Brent Lillibridge.

2:56pm: Tim Brown and Gordon Edes say the Cubs "remain optimistic that they can acquire Peavy, all but ignored Towers’ self-imposed deadline."  Meanwhile, Gerry Fraley says the Angels have already put together a package for the Padres to consider.

12:01pm: Kevin Towers told reporters the proposed Peavy deal with the Cubs is dead.  The Cubs pulled out.  Mike DiGiovanna heard earlier that the Angels remain interested.  Towers is not certain he wants to engage in further Peavy discussions at this time.  I think even hot stove junkies wouldn’t mind a respite.

11:30am: Towers still hasn’t heard back from Hendry on the Peavy deal.  Ken Rosenthal says eight to ten teams have called on DeRosa, adding the A’s to the mix of known suitors.

12:33am: Multiple reports suggested yesterday that the Cubs would not trade Mark DeRosa.  But new stories in the Chicago Tribune and Chicago Sun-Times do not support that notion.

Paul Sullivan of the Trib says DeRosa "appears to be the key to any Peavy deal."  Gordon Wittenmyer of the Sun-Times heard the Cubs would only trade DeRosa as part of a Peavy deal, and Jim Hendry inquired on Chone Figgins as a possible replacement.  And La Velle E. Neal III believes DeRosa is fair game in a Peavy deal or separately for the Twins or Phillies.  As far as Jason Marquis, both Chicago writers see him landing in San Diego with the Cubs eating about half his salary (one sign that the Cubs have "hand," as George Costanza would say).

Padres GM Kevin Towers wants to get a framework in place today.  The Cubs have the leverage, with Wittenmyer suggesting they also want to keep Sean Marshall.  One player most writers believe will be sent from the Cubs to the Padres is Josh Vitters.  But Towers says it’s in the Cubs’ hands.

Cubs, Mets Talking Marquis Trade

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According to SI.com’s Jon Heyman, the Cubs and Mets are talking about a Jason Marquis trade.  The Cubs will have to eat salary, unless they follow Heyman’s suggestion to take Scott Schoeneweis.

On Saturday, Dan Graziano said the Mets rejected an offer of Marquis for Aaron Heilman. Of course, Heilman is a Mariner now.

Jake Peavy Rumors: Wednesday

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8:36pm: MLB.com’s Corey Brock learned from Towers that he should know one way or another on a Peavy trade by the end of the Meetings.  Towers now believes a fourth team will be required.  Towers mentioned that Marquis and DeRosa may be hangups, especially Marquis’ contract.  Though he’d prefer not to, under certain circumstances the Padres might pay some of his salary.

There was some goofy Carlos Carrasco/Jason Donald stuff we didn’t link to today, and that was shot down.  Brock suggests names like Josh Vitters, Felix Pie, and Kevin Hart could be involved on the Cubs’ part.

8:31pm: Jayson Stark says Peavy to the Cubs doesn’t seem inevitable anymore, and the sides have not made progress in the last 24 hours.  The Cubs have leverage, so they’ve dug in their heels.  Stark adds that once word of the possible inclusion of DeRosa linked, Jim Hendry has been "bombarded with calls from other clubs interested" in him.  Hendry does not want to trade DeRosa.

6:00pm: Buster Olney says the Yankees have talked with the Padres recently about Peavy, but it didn’t go anywhere.

5:19pm: Brock talked to a Padres source who does not believe the Twins are involved.

4:10pm: Buster Olney says Axelrod left the Meetings with no word of a deal but the expectation is still that the Cubs will get it done.

3:48pm: Tom Krasovic reminds us that Peavy’s agent Barry Axelrod said going into the Meetings that the Yankees would be more attractive to his client if they signed C.C. Sabathia.  Still, Peavy prefers the NL.

3:17pm: Corey Brock says the Phillies might want Scott Hairston from the Padres to use in left field.

2:33pm: Carrie Muskat’s Cubs source says DeRosa will not be traded.

9:45am: LEN3 says the Twins discussed DeRosa with the Cubs yesterday.  The Cubs will present the Twins with a list of pitchers they like, which will be influenced by the Padres’ preferences.

9:31am: There’s word from Jim Salisbury that pitcher Kyle Kendrick could be included in this three-team trade.

1:19am: If you dare to sort through yesterday’s Jake Peavy rumors, click here.  Today, Gordon Wittenmyer of the Chicago Sun-Times maintains that the biggest obstacle is the Cubs moving part of Jason Marquis’ contract.  Another factor – the Padres will need to free up several spots on the 40-man roster.  The Cubs’ sale will not be an issue.

Wittenmyer adds that a Phillies official didn’t expect to get Mark DeRosa from the Cubs but rather other players.  Also, Cubs officials shot down the John Perrotto rumor that the Cubs might shop Carlos Zambrano after acquiring Peavy.

Tom Krasovic of the San Diego Union-Tribune also weighs in.  He says the Padres have discussed Phils catching prospect Jason Jaramillo.

Jake Peavy Rumors: Tuesday

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11:07pm: Paul Sullivan of the Chicago Tribune has Phillies sources saying the deal is in place if the Cubs will pull the trigger with the Padres.  Sullivan also talked to chairman Crane Kenney, who implied the Cubs included Peavy’s contract within projected budgets to bidders.

Sullivan adds that the Cubs have not had talks for Bobby Abreu yet.

9:17pm: Stark says there’s no way such a complicated trade will get done before the end of the Meetings.  He adds that extra teams are not necessarily requirements.  The Cubs will need to move a contract and get ownership approval, though.

8:39pm: Ruben Amaro Jr. came close to acknowledging the Phils are involved in the Peavy deal, says Jayson Stark.

8:31pm: Jeff Passan: the lone holdup in this complicated trade is the Cubs moving Marquis.  A deal is not imminent, though, according to Towers.

7:26pm: Brock talked to Towers, who met today with Hendry and said a trade seems more likely today than it did yesterday.  They’ll meet again tonight.  If a deal is reached, it’d be announced after Thursday’s Rule 5 draft.  Brock says the Phillies are believed to be the third team.

3:31pm: MLB.com’s Corey Brock says nothing is imminent and the Cubs appear reluctant.

2:25pm: The saga continues…Kevin Towers does not think this deal lost steam in the last 24 hours, according to Yahoo’s Tim Brown and Gordon Edes.  However, they say the Cubs are having second thoughts about this four-team mess.  The Cubs source says the price is too steep for them right now and they’re looking at another short-term option for the rotation (Randy Johnson maybe).

2:02pm: Tom Krasovic says the Padres are not seeking J.A. Happ or Chris Coste as has been previously rumored.  Also, Ronny Cedeno is not the Padres’ first choice to replace Khalil Greene at short.  Krasovic adds that the Braves apparently are now happy the Padres didn’t take their offer for Peavy.

Kras adds that the Padres did some fact-finding with Mark Grudzielanek’s agent.  Grudz wants to play for a winner though.

1:10pm: Roman Modrowski of the Chicago Sun-Times says Peavy sang "Go Cubs, Go" at a Vegas bar last night.  Good times.  But did Roy Oswalt sing along?  Also, Modrowski believes the Cubs would be willing to eat as much as $6MM of Marquis’ $9.875MM.

Jayson Stark says an Aaron Heilman-Marquis deal appears unlikely, as the sides cannot agree on what portion of Marquis’ contract the Cubs would assume.

12:08pm: Rosenthal says the Cubs maintain they’re not close on Peavy.  And they still need to identify their new owner before a deal can get done.  The Cubs are mulling Randy Johnson as a backup plan, and continue to prioritize the lefthanded bat.

10:36am: Phil Rogers says the key to this potential four-team Peavy trade would be the Phillies or Orioles taking on Marquis and some of his contract.  Rogers says "it will be a stunner if the Cubs don’t acquire Peavy."

1:00am: Chris De Luca says a source close to Jim Hendry characterized a Peavy deal as "very close."  De Luca’s sources say a Cubs-Orioles component is set (Felix Pie for Garrett Olson).  This runs counter to Roch Kubatko’s report below.  De Luca says the Cubs still want to trade Marquis and acquire a lefthanded hitter before closing the Peavy deal.

12:41am: Ken Rosenthal’s source says the Cubs’ attempts to bring in a third team have involved "probably 20 names with four to five clubs."  So it’s not necessarily DeRosa or the Phillies.  Rosenthal says an agreement is still not close.

12:30am: To summarize yesterday: Kevin Towers has facilitated an apparent three-team Jake Peavy trade that he will present to the Cubs.  I say three because Roch Kubatko says the Orioles don’t know of any agreement.  So the best guess right now (based on reports) is that the Cubs would send Mark DeRosa to the Phillies, and both teams would send young players to the Padres.  The Cubs could offload Jason Marquis in the deal, and the savings from Marquis and DeRosa would seem to neatly equal Peavy’s $11MM salary for ’09.

Jake Peavy Rumors: Monday

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11:02pm: Jim Salisbury backs up the idea that the Phils could receive DeRosa and the Padres could get Happ.  It’s worth noting that the Cubs could trim $5.5MM off the payroll by sending out DeRosa and using Fontenot at second base.

10:31pm: MLB.com’s Lyle Spencer says the Angels have not taken themselves out of the Peavy sweepstakes. 

Also, Tom Krasovic of the San Diego Union-Tribune supplies more info.  A third team would definitely be involved in a Cubs trade.  DeRosa could wind up a Phillie, and Michael Wuertz is a new name of interest for the Padres.  Peavy’s agent Barry Axelrod said again that Peavy will require a full no-trade clause upon a deal.  One more thing – Towers said trading Peavy could free up money for Trevor Hoffman.

9:00pm: MLB.com’s Corey Brock says the legwork on this trade "has essentially been completed."  No deal has been reached, but Towers says he’s facilitated a three or possibly four-team deal.  The third and possibly fourth teams (Orioles, Phillies) have agreed to players.  There could be some haggling remaining on players sent from the Cubs to Padres.

Brock says all Towers needs now is the go-ahead from Hendry.  Peavy, by the way, was spotted at the Meetings.

8:35pm: Jayson Stark gives his take on the Peavy-Cubs situation.  He says Hendry is dealing with restrictions due to the team’s ownership situation, despite his comments.

8:01pm: Scott Miller of CBSSports.com says Jason Marquis and Angel Guzman (among others) could end up with the Padres in the three-team deal.  The Padres could get J.A. Happ and/or Chris Coste from the Phils.  Miller adds that the Phils are known to have interest in Mark DeRosa.

6:53pm: Rosenthal says the Phillies are now in the mix as a possible third team in a Peavy trade.  Those talks are preliminary.  Rosenthal says the Cubs can’t complete a deal for Peavy until their new owner is decided.

5:33pm: Roch Kubatko says the O’s are still interested in Pie, but may only get him for Olson straight up if Olson is to be flipped to San Diego in a Peavy trade.

2:37pm: Joel Sherman learned from Towers that if he doesn’t reach an agreement on a Peavy deal with the Cubs at the Meetings, he will keep the pitcher to start the season.  The Dodgers are apparently the only other team to which Peavy has approved a trade.

Sherman adds that the Cubs "are willing to let [Peavy] keep his no-trade clause."  Not sure if Sherman is trying to say the Cubs would replace Peavy’s partial no-trade rights for 2011 and part of 2012 with full no-trade powers.

2:33pm: Kevin Towers told Ken Rosenthal he’s talking to only the Cubs about Peavy.  He expects to have a good idea on whether to drop it or move forward by the end of the Meetings.  Towers approached Ned Colletti but talks didn’t get far.

12:22pm: Jerry Crasnick says Kevin Towers and Peavy’s agent Barry Axelrod drove together for the 4.5 hour ride from San Diego to Las Vegas, but Axelrod says they only talked about Peavy for about three minutes.  Also, Axelrod brought a sweet mix CD.

11:44am: Bruce Miles of the Daily Herald says the Cubs and Padres did not talk about Peavy on Sunday but will today.  He’s heard the Padres might be concerned with Vitters’ hand/wrist.

1:14am: Gordon Wittenmyer of the Chicago Sun-Times says the Cubs first want to trade Jason Marquis and acquire their left-handed hitting outfielder before Peavy.  Wittenmyer’s sources do believe the Cubs will eventually acquire San Diego’s ace.  However, his sources say the Tom Krasovic report about a five-for-one framework being in place is exaggerated.

Wittenmyer hears that the Orioles would be willing to swap Garrett Olson for Felix Pie; the Cubs would then send Olson to the Padres in the Peavy deal.

12:54am: According to SI.com’s Jon Heyman, Padres GM Kevin Towers "envisions a way to do a [Jake Peavy] deal now only with the Cubs."  We’ve heard rumors of the Padres and Cubs trying to rope in the Orioles or Rays as a third team. 

Heyman adds that Peavy would approve a trade to Chicago "without any significant reworking of his contract or other major concessions."  Does that imply that the Cubs would not have to guarantee Peavy’s 2013 option ($22MM) or grant him a full no-trade clause?

Keep in mind that despite all the virtual ink that will be spilled on Peavy over the next four days, Jayson Stark sees "just about a zero chance" he’s dealt at the Meetings.  Still, the Cubs and Padres seem to already have a framework in place involving Sean Marshall, Kevin Hart, Josh Vitters, and maybe Ronny Cedeno.

Rockies Rumors: Taveras, Villone, Marquis

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9:48pm: The Rockies are moving forward on a deal for Rusch, according to Tracy Ringolsby.  Ringolsby adds that the Rox may explore a long-term deal with Ubaldo Jimenez after the holidays, but aren’t quite ready to do so with Chris Iannetta.  Also, the Rockies like Josh Bard but they don’t have room for him.

1:00pm: Joel Sherman adds Eddie Guardado as a lefty of interest for Colorado.

2:07am: Troy E. Renck of the Denver Post sums up the latest hot stove buzz around the Rockies.

  • As you know, the Nationals are interested in Rockies outfielder Willy Taveras.  Taveras might be just a step above a non-tender, so the price shouldn’t be too high.  The real question is whether the Nats are planning on starting four players in the outfield.
  • Joe Beimel is dropping out of the picture, but the Rockies still like Alan Embree, Ron Villone, and Glendon Rusch.
  • The Mets’ asking price for Aaron Heilman was too high.  Jason Marquis could be a trade target, he can at least eat innings at a cost of $6MM to the Rockies.  Then again, a lot of guys can do that.
  • No chance of multiyear contract talks between the Rockies and Brian Fuentes.

Marquis Unlikely For Rockies

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6:47pm: Troy Renck says the Rockies told the Cubs they didn’t have room in the budget for Marquis.  The Rox may attempt to acquire a starter via trade, using Huston Street and Luis Vizcaino as chips.

Other notes from Renck: the Padres and Rangers have interest in free agent outfielder Cory Sullivan.  And interest in Willy Taveras is minimal given Friday’s non-tender deadline.

5:13pm: According to MLB.com’s Thomas Harding, the Rockies have internally discussed the possibility of acquiring Cubs’ starter Jason Marquis.  However, Marquis isn’t exactly the front-rotation type they seek.  Bruce Miles of the Daily Herald heard from Cubs people that "nothing of substance is getting done" on the Marquis-Rockies front.

Mets Turned Down Marquis For Heilman

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According to Dan Graziano of the Newark Star-Ledger, the Cubs offered Jason Marquis and salary relief to the Mets for reliever Aaron Heilman.  The Mets declined.  It’s been suggested the Cubs are willing to eat as much as $4MM of Marquis’ $9.875MM.

Graziano seems to believe the Mets are targeting a Marquis-like free agent starter, Jon Garland.

Cubs’ Payroll Higher Than Expected

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According to Gordon Wittenmyer of the Chicago Sun-Times, Cubs CEO Crane Kenney said today that the team’s 2009 payroll exceeds $140MM.  The Chicago Tribune’s Paul Sullivan said Kenney wouldn’t give a payroll figure, but his sources indicated it might be in the $140-145MM range.  By Wittenmyer’s calculations, the Cubs have about $133MM likely to be committed to the current group.

Wittenmyer adds that the Cubs would be willing to eat as much as $4MM of Jason Marquis’ $9.875MM salary to move him.  If the Cubs were to add Jake Peavy after that, they’d be around $138MM.  They could then squeeze in their coveted left-handed hitting outfielder.

Wittenmyer says the Cubs are still interested in Peavy, and talks with the Padres will resume Sunday in Vegas.  Ken Rosenthal wrote a day ago that the Cubs were putting the Peavy pursuit on hold until they added the left-handed hitting bat.

Wittenmyer reports that Kenney said he expects the Cubs’ sale to close by Opening Day.  Sullivan has Kenney saying it should be done by spring training.

Perrotto’s Latest: Teixeira, Burnett, Wilson

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John Perrotto of Baseball Prospectus has his Sunday article up. Let’s go through it:

  • The Angels may be willing to match the Yankees $140MM offer to CC Sabathia. They won’t offer 10 years to Mark Teixeira. If they can’t land Teixeira, they will consider Pat Burrell for first base.
  • A.J. Burnett is looking at the Blue Jays, Red Sox, Yankees, Braves, Orioles, and Phillies.
  • The Twins want a left-side infielder for Delmon Young, so they can open a spot for Denard Span in the starting lineup.
  • The Tigers are pursuing Jack Wilson from the Pirates and Matt Treanor from the Marlins. They are also putting high priority on signing Joe Beimel who’s getting interest from a number of teams.
  • The Dodgers will not re-sign Rafael Furcal for health reasons so the Giants, Athletics, and Reds are his most likely destinations.
  • The Cubs will need to offer more than Jason Marquis to the Royals for David DeJesus. If they can’t get it done, they’d sign Raul Ibanez over Bobby Abreu.
  • The Braves are interested in Javier Vazquez and Jermaine Dye…
  • The Reds need to offer more than Homer Bailey to get Dye.
  • The Mets are considering Jon Garland, Vazquez, Edwin Jackson, Andy Sonnanstine. The Rays want more than Aaron Heilman for either of their starters.
  • The Mets could soon become suitors for Manny Ramirez.
  • The Brewers could soon become suitors for Francisco Rodriguez.
  • The Astros are targeting Paul Bako and David Ross as backup catchers.
  • The Rockies are trying to find lefthanders, eyeing Alan Embree, Will Ohman, Brian Shouse, and Glendon Rusch.
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