Blog Entry

Cubs out of Jake Peavy talks

Posted on: December 11, 2008 1:00 pm
Edited on: December 11, 2008 1:56 pm

LAS VEGAS -- The Chicago Cubs are out of the Jake Peavy talks.

Cubs general manager Jim Hendry told Padres GM Kevin Towers on Thursday morning that the Cubs have decided to do other things. Their first priority is adding a left-handed bat. Among those they're interested in on the free-agent market are Milton Bradley and Raul Ibanez. They also are investigating the possibility of adding free agent lefty pitcher Randy Johnson.

Whatever they do, it won't be Peavy.

"It was the Cubs' decision," Towers said. "They ruled it out this morning."

The Padres had constructed an elaborate deal with the Cubs that would have involved three or four teams, most likely Baltimore and Philadelphia. Other teams became involved in the talks when it became apparent that the Cubs were thinking of including infielder Mark DeRosa in the deal. Minnesota, for example, called and inquired about DeRosa -- the Twins wanted to play him at third base.

The Padres were attempting to arrange a four-, five-, or six-player package for Peavy and, among other scenarios, were talking about the possibility of acquiring Cubs third base prospect Josh Vitters, right-hander Kevin Hart, Baltimore pitcher Garret Olson and Philadelphia pitcher J.A. Happ, among others.

The Cubs were going to have to move pitcher Jason Marquis and his $9.875 million salary, and because they couldn't find another taker, he was going to go to the Padres -- but the Cubs were going to have to pick up a significant portion.

A Cubs source said that they ultimately decided it was simply too many prospects and too much money for them. The Phillies are described as being very disappointed because they were hoping to obtain infielder Mark DeRosa from the Cubs in the deal. They still could engage the Cubs in those talks, though Chicago doesn't really want to trade DeRosa.

Talks regarding Peavy have been dragging on for eight weeks or more, and the Padres have gone from being close with Atlanta to close with the Cubs to, now, apparently, being forced to huddle back in San Diego next week and discuss their alternatives.

"We'll regroup next week and figure out what we're going to do," Towers said.

There is one thing the GM is sure of.

"We need to start moving forward," Towers said. "We can't keep doing this deep into the winter."

The Padres have been searching for trade partners because they're attempting to shed payroll, and Peavy is owed $63 million over the next four years. Owner John Moores is in the middle of an ugly divorce that sources say will strap him for cash, the team lost 99 games in 2008 and attendance dropped almost 13 percent.

The long and laborious talks with Peavy have undergone several bizarre twists, most recently when the pitcher was reported to have been in a Las Vegas bar the other night singing "Go Cubs Go" after attending a Brooks and Dunn concert with his buddy, Houston pitcher Roy Oswalt. The only part of that story that I've confirmed is that Peavy indeed was in Las Vegas this week. Among other things, he attended Greg Maddux's retirement press conference.

One alternative now, he said, is to release a statement that the club will keep Peavy.

But that doesn't change the fact that the Padres need to shave payroll.

While Towers said he didn't sense from Hendry that the deal could be resurrected with the Cubs, the domino effect of what else happens on the market this winter still could take this thing in a different direction.

Atlanta on Thursday remained deep in negotiations attempting to land free agent pitcher A.J. Burnett. If he goes to the New York Yankees, though, the Braves will be forced to readjust and conceivably could re-engage the Padres.

Also, as reported several weeks ago, the Los Angeles Angels held brief conversations with the Padres about Peavy several weeks ago, and sources with knowledge of the Angels' thinking say the club very well might turn its attention back to Peavy if the Angels whiff on Mark Teixeira and CC Sabathia. With Sabathia having been delivered to the Yankees, the Angels so far are 0-for-1.

They could potentially satisfy the Padres with a package built around right-hander Jered Weaver, one of two infielders -- Erick Aybar or Maicer Izturis -- and a couple of prospects.

Further complicating the situation, though, is that Peavy has no-trade powers and so far has used them to attempt to steer himself toward Chicago. Several people close to the talks believe Peavy is not enamored with going to Atlanta. It is believed he may approve a deal to the Angels, though he could ask for contractual concessions. His preference is to stay in the National League.

Towers said he would probably talk to Barry Axelrod, Peavy's agent, and tell him it's not going to work with the Cubs and they'll have to move on to other alternatives.

"Even if he wants to go somewhere else, I think we need to sit down as an organization and say, 'Do we want to go through this process again?'" Towers said. "It's difficult on the fans."

Not to mention difficult on the Padres, and everyone they're dealing with.

"We're asking a lot," Towers said. "To move Jake Peavy, we would plan on getting a lot. We knew going into the winter there were no guarantees."



Since: Dec 12, 2008
Posted on: December 12, 2008 8:09 pm

Cubs out of Jake Peavy talks


Since: Dec 9, 2008
Posted on: December 12, 2008 5:52 pm

Cubs out of Jake Peavy talks

You're pretty off base in almost everything you wrote, Barak.

Send Peavy to Houston. It's in the National League Central. It might not be Chicago, but it's darn close

Chicago and Houston are not close.  There's a major cultural gap between the 2 cities.  Chicago has a love affair with the Cubs, and a lot of that has to do with the neighborhood the Cubs are in.  It's simply a good time to go to the game and hang around the neighborhood afterward.  And without spending a Saturday afternoon in June or July out there to soak it it, one cannot really appreciate it.  We love the team, and we want them to win, but if they don't, we can always console the 22 year old blonde named Kelly that was flashing us in the bleachers in the 8th inning.

How is it that a ball player that is generously compensated have a say in where he gets to go?

Peavy's contract is below market for a player at his level.  That's why it includes a partial no-trade clause.

Now, if Peavy were to give up a large portion of his guaranteed contract then I'm sure the Padres would not be so picky in what they get back from the Cubs.

Actually, if he gave up a big portion of his contract, the Pads would either keep him or get more in return.

Brandon Webb and Tim Lincecum are the best pitchers in the NL West. Peavy isn't even good enough to carry their dirty uniforms

Webb, Lincecum AND Peavy are the last 3 Cy Young award winners.  I'd say they're probably about even.  They're all nasty.

Since: Aug 22, 2006
Posted on: December 12, 2008 5:00 pm

Cubs out of Jake Peavy talks

I guess I'm an idiot because I really think that Peavy is overrated. But let's say that he is not overrated. But he is the second coming of Cy Young. If the Cubs have to pay all of his salary then why would they also want to give up a lot of players in return? Usually when a team trades for a player or two they usually give up few prospects in return for taking on a large salary. Are you saying that the Cubs should give the Padres a boatload of propsects for the right to pay Peavy's outrageous contract. You might as well demand that the Cubs give up Wrigley Field to John Moore so that he can sell it to pay off his greedy estranged wife. Clearly you are not a fan of the Cubs or of logic!

Since: Aug 22, 2006
Posted on: December 12, 2008 4:48 pm

I am peeved at Peavy!

Send Peavy to Houston. It's in the National League Central. It might not be Chicago, but it's darn close. How is it that a ball player that is generously compensated have a say in where he gets to go? If the Padres want to trade him and his outrageous contract then it is their prerogative to get the best deal they can no matter where it will send Peavy. I can understand Peavy wanting to play for a contender, but if he only wants to go to the Cubs this severely undermines the Padres ability to get the best deal for him. Now, if Peavy were to give up a large portion of his guaranteed contract then I'm sure the Padres would not be so picky in what they get back from the Cubs. Besides, from what I have read about Peavy he really thinks that he's better than he really is. Well, why not go to Atlatna and prove it. Two of their best starters will start the season on the DL so this will give Peavy the spotlight that he craves, but might not deserve. If he goes to the Cubs he will be overshadowed by the "Big Z" and some guy named Rich, as in Rich Harden. It's a good thing that the Yankees are not trying to get Peavy because I have a strong suspicion that he will crumble under the spotlight. Of course I could be wrong about what I have said about Peavy. But we will never know because he will never take the chance to rise above it all and show just how special he can be. Speaking of special. Brandon Webb and Tim Lincecum are the best pitchers in the NL West. Peavy isn't even good enough to carry their dirty uniforms.

Since: Feb 11, 2008
Posted on: December 12, 2008 2:11 pm

Cubs out of Jake Peavy talks

No shot.  First of all, Burnett doesn't want to be part of a HUGE market team like the Yankees.  I'm sure he'd rather have less pressure and take a little less money and play for the Braves.  Second of all, Peavy also expressed the fact that he didn't want to be traded to either Boston or New York.  He doesn't want the pressure that the scumbag Yankee fans will put upon him.

Since: Sep 3, 2006
Posted on: December 12, 2008 1:17 pm

Cubs out of Jake Peavy talks

It's good to see that Hendry's bad signings are coming back to bite him in the a**.  The guys gets way too much credit for a GM who has had nearly unlimited funds to utilize over the past 3 years.  If I were a Cubs fan, I would be pissed that the $20 mil committed to Fukudome and Marquis this year essentially killed this deal.  Yes....that's $20 mil committed to two guys that they are desperately looking to find replacements for.  Unfortunately for Hendry, the economy, the uncertainity with the Cubs sale, and the lack of viable prospects for trading killed this deal and made his job a lot harder.  I guess he's going to actually have to work for that raise he just got.....

Since: Dec 7, 2006
Posted on: December 12, 2008 11:41 am

Cubs out of Jake Peavy talks

The Cubs offense is fine.  Sure, a lead off hitting outfielder would be great, but it isn't going to happen.  Pitching and defense always trump good hitting.  I know the Cubs didn't hit in 3  games out of 165 last year so they suck.  Hitting comes and goes, but you win with pitching and defense.  They would not even be in the playoffs without pitching.   This is not fantasy baseball where you play a bunch of 1st basemen.  I have played baseball before, unlike many posters here, and I would prefer going into a game knowing if we score 1 run we can win, rather than we have to score 7 to have a chance.  Great pitching demoralizes the opponent.   Can you imagine a team coming to Chicago in April and having to face Zambrano, Peavy, and Harden in a 3 game series with the wind blowing in.  The Cubs already have a top rotation, but an injury or two are always possible.  Would you rather have Peavy or Guzman throwing?  Geez, the Bears keep winning with defense and zero offense. 

Since: Nov 7, 2008
Posted on: December 12, 2008 11:32 am

Cubs out of Jake Peavy talks

According to foxsports late on thursday...the Angels put together a package of players for the Padres to consider...and according to The Padres are believed to be seeking infielder Brandon Wood and pitchers Nick Adenhart and Kevin Jepsen in a package for Peavy.

All that needs to happen here is that Peavy needs to approve a trade to the Angels.

Lackey, Peavy, Saunders, Weaver, Santana...

all 5 could win 20 games.

Since: Aug 16, 2006
Posted on: December 12, 2008 9:55 am

Cubs out of Jake Peavy talks

Jered Weaver and a good bat would get it done if I was GM, not that bag of medicority proposed.

Then again, salary shedders do accept mediocrity, so your offer is a fair start...

Since: Aug 17, 2006
Posted on: December 12, 2008 9:30 am

Cubs out of Jake Peavy talks

Cano and Ian Kennedy for Peavy?  I love how Yankees fans overvalue their players.  I remember when Ricky Ledee was the second coming of Mickey Mantle and Hensley Muelens the next Graig Nettles.  You guys are hysterical!

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