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 18, 2006
Posted on: December 12, 2008 6:08 am

Cubs out of Jake Peavy talks

The Cubs need offense. Peavy would be a great addition, making a good rotation great. But, someone with a track record of producing at the plate in the playoffs should be the Cubs first priority.  

Since: Dec 9, 2008
Posted on: December 12, 2008 1:36 am

Cubs out of Jake Peavy talks

Geez, Chet...

Zambrano is an ace.  Harden is an ace.  Dempster and Lilly are coming off 17 win seasons.  Marshall or Marquis are questionable (actually, there's no question about Marquis - he sucks beyond all doubt).  But those first 4 are as good as you need in the playoffs.  Piniella's problem was that his lineup went:
Soriano, RH
Theriot, RH
Lee, RH
Ramirez, RH
Edmonds, RH or Johnson, RH
Soto, RH
DeRosa, RH
Fontenot, LH or Fukudome, LH

We need a lefty bat or two.  I wanna see Dunn and Roberts.  Let's address that as a matter of priority before we chew up our budget to get Peavy.  If it's possible to come back to it, great.  Otherwise, at least we will have addressed our most urgent need.

Since: Nov 19, 2008
Posted on: December 12, 2008 12:52 am

Cubs out of Jake Peavy talks

Braves lose out on burnett and reengage talks with towers, peavy goes to braves for escobar, gorky's, Jo jo, morton, and freeman.

Since: Nov 21, 2006
Posted on: December 12, 2008 12:45 am

Cubs out of Jake Peavy talks

Anybody who thinks the cubs shouldn't give up whatever it takes to get Peavy is an idiot - including Jim Hendry.

Since: Dec 29, 2006
Posted on: December 11, 2008 11:20 pm

Cubs out of Jake Peavy talks

Hendry is notorious for keeping crappy prospects too long (Patterson, Choi, Cedeno, Pie.) Vitters (all hit/ no field 3B) might be good someday. Hart is a minor league middle reliever. DeRosa is equally expendable. Eat Marquis' contract if you must. THAT WAS YOUR FAULT IN THE FIRST PLACE!

Jake Peavey is dying to play for the Cubs, under 30 yrs old, signed for 4 more years and is already one of the best starting pitchers in baseball. He reminds me of Greg Maddux. If Peavey were a free agent, he would be the second most sought after, behind CC Sabathia.

JAKE PEAVEY! for 2 prospects and a defensively challenged utility player. Hendry is an idiot.



Since: Oct 24, 2006
Posted on: December 11, 2008 11:19 pm

Cubs out of Jake Peavy talks

Like the man said ...............Buying World Series Wins since 1913.

Since: Dec 29, 2006
Posted on: December 11, 2008 11:01 pm

Cubs out of Jake Peavy talks

Are you saying that you would rather have Mark DeRosa than add a pitcher (Peavey)  that's better than every pitcher you currently have? Peavey has already won a Cy Young, 2 strikeout titles and 2 ERA titles.

The rotation is solid? With Jason Marquis instead of Jake Peavey? And wobbly Harden?

And you think Milton Bradley is a good move?  Instead of Ibanez or Abraeu? Keep DeRosa, a 2B, and add Roberts, another 2B?

Hendry is an idiot. He had a chance to aquire one of the best pitchers in baseball; A Greg Maddux type (Peavey is the same age, style, etc, as Mad-dog when Himes let him go to ATL) that is under 30, signed for 4 more years and DYING to play for the Cubs, for 2 prospects and a defensively challenged utility player. Hendry is an idiot.


Since: Aug 17, 2006
Posted on: December 11, 2008 10:54 pm

Cubs out of Jake Peavy talks

I'm glad you think it's that simple.  The Padres want to dump salary so the Cubs would end up with Peavy' contract.  They are already saddled with backended contracts for Ramirez, Soriano, Zambrano, Fukudome, etc.  Moving Marquis' 9.8 mil would help pay for Peavy, but no one really wants him unless the Cubs are willing to pay a good part of his contract post trade.  Our priority is not pitching, it's a left handed right fielder who can make contact. 

The Padres may or may not come back to Hendry asking for less.  If they do, he looks like a genius,  If they don't, we look elsewhere.

Since: Aug 22, 2006
Posted on: December 11, 2008 10:48 pm

Cubs out of Jake Peavy talks

What you say might be true, but the sad fact is that the Cubs never made it to the World Series this year and they won't next year. They will be very luck if they play in the LCS. The only way they can actually win a World Series is if they include Peavy and Oswalt. Dempster was a one hit wonder and Lilly can't be counted on.

Since: Dec 29, 2006
Posted on: December 11, 2008 10:38 pm

Cubs out of Jake Peavy talks

So the Cubs could have given up Kevin Hart, Josh Vitters and Mark DeRosa and come away with Jake Peavey? 2 PROSPECTS. Again I'll say it, 2 PROSPECTS for Jake Peavey. Hendry is an idiot.

Aramis Ramirez (3B) has 3 years to go on a 5 year deal.  Vitters is a minor league 3B who may or may not pan out. (See; Felix Pie, Corey Patterson, Kyle Farnsworth, Hee Sop Choi, Bobby Hill, etc, etc.) Hart barely pitched on the team last year. He walked more men than a crossing guard. DeRosa is a good offensive player but the Cubs have Mike Fontenot (a LEFTY with POP) to slide into DeRosa's role. Fontenot is better defensively. Ronny Cedeno is another utility guy.

Jake Peavey is under 30 yrs old and already won a CY Young, 2 ERA titles and 2 strikeout titles while pitching 200 innings nearly every year. He's signed for 4 more years, never been hurt and absolutely DYING to play for the blue.

Trade the 2 prospects/ maybes for the man that would become the best pitcher on your staff. Better still, throw in Marquis and Cedeno and ask for Brian Giles.

Hendry is an idiot.



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