Peavy, White Sox agree to $29 million, 2-year deal - KMSP-TV

Peavy, White Sox agree to $29 million, 2-year deal

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Pitcher Jake Peavy and the Chicago White Sox have agreed to a $29 million, 2-year contract.

The right-hander will receive $14.5 million in each of the next two seasons. Peavy could receive a $15 million option for 2015, depending on innings during the next two years.

Peavy's previous deal included a $22 million option for next season with a $4 million buyout. The buyout will be paid in equal installments from 2016-19.

The 2007 NL Cy Young Award winner went 11-12 with a 3.37 ERA in 32 starts this year after three injury-riddled seasons.

Chicago also exercised a $9.5 million option on right-hander Gavin Floyd on Tuesday, declined a $10 million option on right-hander Brett Myers and turned down a $13 million option on third baseman Kevin Youkilis, acquired from Boston in June. Myers gets a $3 million buyout and Youkilis $1 million.

 

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  • Sunday, May 19 2013 10:19 PM EDT2013-05-20 02:19:31 GMT
    Jake Peavy gave up four runs and four hits over six innings and walked five -- two with the bases loaded -- in a 6-2 loss to the Los Angeles Angels on Sunday.
    Jake Peavy gave up four runs and four hits over six innings and walked five -- two with the bases loaded -- in a 6-2 loss to the Los Angeles Angels on Sunday.
  • Saturday, May 18 2013 11:05 PM EDT2013-05-19 03:05:01 GMT
    Alberto Callaspo hit a three-run homer in Los Angeles' five-run seventh inning, and the Angels beat the White Sox 12-9 on Saturday to end Chicago's four-game winning streak.
    Alberto Callaspo hit a three-run homer in Los Angeles' five-run seventh inning, and the Angels beat the White Sox 12-9 on Saturday to end Chicago's four-game winning streak.
  • Friday, May 17 2013 8:56 AM EDT2013-05-17 12:56:16 GMT
    Jeff Keppinger walked with the bases loaded to drive in the go-ahead run - his first base on balls in 141 plate appearances this season - and the Chicago White Sox rallied with three runs in the eighth.
    Jeff Keppinger walked with the bases loaded to drive in the go-ahead run - his first base on balls in 141 plate appearances this season - and the Chicago White Sox rallied with three runs in the eighth.
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