Peavy Trade Talks Begin

A nugget from Tom Krasovic of the San Diego Union-Tribune:

Kevin Towers said he has heard from clubs interested in trading for ace pitcher Jake Peavy. "We’re having talks," he said.  The GM said he wouldn’t be surprised if the Peavy talks heat up next month.

MLB.com’s T.R. Sullivan wrote today that Peavy said he will only waive his no-trade clause for a National League team.  However, Peavy’s agent Barry Axelrod said Friday that three teams in the American League could entice his client.  The Yankees could be one; we discussed the possibility here.  A possible Peavy trade will be one of the biggest stories at the Winter Meetings in December.

Odds and Ends: Hoyer, Denker, Manny

Links for Monday…

Catcher Michael Barrett Now Free Agent

The San Diego Padres have announced that Michael Barrett has opted for free agency after clearing waivers. As an eleven-year MLB veteran, Barrett has the right to decline being optioned to the minors and has instead decided to hit the open market.

During a 2008 season that saw him hit the DL twice, limiting him to only 107 plate appearances, the 31-year old had a poor .202/.274/.298 line. These numbers are a far cry from what he had done as a Cub between 2004-2006, during which he had an OPS of at least .824. While getting out of San Diego should do him some good, it’s becoming quite clear that Barrett no longer hits well enough to compensate for his defensive deficiencies.

Paul Moro writes for UmpBump.com and can be reached here: Paul *at* umpbump *dot* com.

Would Peavy Play For Yankees?

Pete Caldera of the Bergen Record recently chatted with Jake Peavy‘s agent, Barry Axelrod.  Peavy prefers to stay in San Diego, but not if they decide to rebuild.  In that case, he’d apparently considering waiving his no-trade clause for three unknown American League teams (his National League number is not known).  Axelrod spoke in generalities about the appeal of pinstripes, which could be seen as an indication Peavy might be willing to play for the Yankees.

Peavy would need some kind of extra compensation to approve any trade.  Caldera speculates that guaranteeing the pitcher’s 2013 option might satisfy him.  That’d put him under contract for $81MM over five years – still a market discount.  A.J. Burnett might be seeking that kind of contract.

Acquiring Peavy could be the next best thing to signing C.C. Sabathia.  Tough to say how Peavy would fare at the new Yankee Stadium – his home/road splits were pronounced in ’08, ’06, and ’03.  It’s hard to see the Padres trading Peavy to the Yankees without Phil Hughes being involved.  Kevin Towers has been Brian Cashman’s most frequent trading partner – they’ve matched up on nine deals (but none since ’05).

Odds and Ends: Beltran, Brewers, Padres

Links for Friday…

Odds and Ends: Moore, Manny, Hudson

Reading material for Thursday…

Braves May Consider Peavy

David O’Brien of the Atlanta Journal-Constitution wrote about the possibility of the Braves pursuing Padres ace Jake Peavy this winter in a blog post yesterday.  He notes that Peavy, an Alabama native, might be particularly amenable to waiving his no-trade clause to play for Atlanta.

Personally I do not see Peavy’s no-trade clause as an obstacle for most clubs.  In the majority of cases, the player accepts compensation and waives the no-trade power.

Peavy is a 27 year-old relatively healthy ace who is under contract for four years at a below-market price.  I would look to the recent trades of Erik Bedard (two years), Dan Haren (three years), and C.C. Sabathia (three months) as precedents.  All of these trades were built around a top-25 prospect (Adam Jones, Carlos Gonzalez, and Matt LaPorta).  Given that information, I would be quite surprised to see the Braves acquire Peavy without surrending Jason Heyward or Tommy Hanson.  If you’re Kevin Towers, why wouldn’t you insist on that caliber of player?  Towers can easily wait until July or the ’09 winter meetings.

I will grant that Johan Santana (one year) and Rich Harden (one year and two months) were acquired for less than most people expected.  But with Santana, the requirement of a $137.5MM extension limited the field.  And, it may be true that Jon Lester and Phil Hughes were offered at various points.  With Harden, you had the ever-present injury risk and a quality player in Chad Gaudin joining the Cubs.

In addition to the Braves, the Red Sox, Rockies, Rays, and Rangers would have the prospects to make a Peavy trade.  The Yankees will probably be in the mix, though it’s hard to see a deal without Hughes.  The White Sox, Tigers, Angels, Mets, Phillies, Brewers, Astros, and Dodgers are other teams that will be searching for pitching this winter.  Many top prospects and young players are deemed "untouchable," but an ace like Peavy may cause teams to reconsider.

Bard, Estes Become Free Agents

According to MLB.com’s Corey Brock, catcher Josh Bard and pitcher Shawn Estes have elected free agency and cleared waivers.  Both players were expected to join the free agent class, though perhaps not this early.

Bard is interesting – he will be 31 in March, and was injured for much of ’08.  In ’07 he hit pretty well away from PETCO.

Additionally, pitcher Dirk Hayhurst was claimed off waivers by the Blue Jays.  Hayhurst’s claim to fame is writing a "non-prospect diary" for Baseball America.

Yankees Eyeing Peavy?

There’s a lot being made of the Yankees signing CC Sabathia, but as Ken Davidoff of Newsday.com asks, "Whom would you rather have? CC Sabathia for six years and $150 million? Or Jake Peavy for four years and $63 million?"  Buster Olney reported on this possibility recently. Davidoff reports:

"Peavy’s agent, Barry Axelrod, who lives in the San Diego area and is very friendly with Towers, said: "My guess is, unless somebody knocks their socks off this offseason, I don’t expect that Jake will be moved. I would think that starting the middle of next year and into the next offseason, there could be a significant possibility of Jake being moved" because of Peavy’s significant raise from 2009 to 2010."

Peavy would need to approve a trade and it’s not sure thing he’d want to go to New York. On whether, Peavy is seeking a trade at all, Davidoff quotes Peavy:

"’I want to be here, but I want to be here with a chance to win a World Series. If someone says, ‘Hey, we’re going to rebuild, that’s not going to be our top priority,’ you certainly would wonder what your other options are.’"

Olney’s Latest: Sabathia, Ellis, Embree, Giles

Buster Olney brings the rumors:

  • If the Yankees want CC Sabathia, they will not lose in any bidding war now that a new ballpark puts them in the position to "throw unlimited dollars" at CC. Unless CC wants to play in the NL, or avoid the media circus of New York City, Olney seems convinced the Yankees will land him.
  • The A’s have begun contract negotiations with Mark Ellis. No details yet.
  • Before the trade deadline, no teams expressed interest in Alan Embree and his $2.25MM salary. This could indicate that the A’s will not pick up his $3MM option. The 38 year old lefthander struggled with a 4.96 ERA this season.
  • The Padres are going to pick up Brian Giles $9MM option at the deadline, shortly after the World Series, rather than buy him out for $3MM. This was expected.
Show all