It's another swing and a miss for Chicago at Jake Peavy.
The Padres ace declined a proposed trade to the Chicago White Sox on Thursday afternoon, a source with knowledge of the talks told CBSSports.com, preferring to remain in the National League with the Padres than move into the unfamiliar, heavy-hitting American League.
Looking to get younger and add depth to a thin farm system, the Padres were set to receive four pitchers from the White Sox in exchange for Peavy: Left-handers Aaron Poreda and Clayton Richard, and two others. One of them was believed to be Lance Broadway, who surrendered five earned runs and seven hits in 5 1/3 innings of Thursday's 20-1 White Sox loss to Minnesota.
The Padres have been intent on trading their ace pitcher since last winter, when the divorce of owner John Moores and the recession combined to cause Moores to order the payroll reduced to $40 million. The Padres currently remain at about $45 million; Peavy is due $11 million this season.
The club continues to think that the best combination for hitting their budget and upgrading the roster following last season's 99 losses and this year's inconsistent start is to deal their ace pitcher. Peavy was nearly dealt to the Chicago Cubs last December, but that fell apart at the last minute when the Cubs, according to sources, grew impatient when the Padres continued asking for more players after the Cubs thought they had a deal in place.
The Padres also nearly traded Peavy to Atlanta in November. The Braves thought they were closing in on a deal, but sources say the Padres changed names at the 11th hour and asked for minor-league catcher Tyler Flowers. He eventually was dealt to the White Sox in the Javier Vazquez deal.
News of the impending White Sox-Padres leaked late Wednesday night when, after the Padres' victory over San Francisco 2-1, Peavy was summoned into manager Bud Black's office to discuss a potential deal to the South Side of Chicago.
Peavy's camp, sensitive to him being branded the bad guy in Chicago, was not happy that details of the potential deal became public.
"Not only is the public airing of this stuff counter-productive, it's probably destructive," Barry Axelrod, Peavy's agent, told CBSSports.com earlier Thursday.
Axelrod added that to say the fate of this trade was in Peavy's hands "is a simplistic view of it. Approval or disapproval, it's not necessarily in black or white. One thing we talked about six or seven months ago are the considerations that (might) need to be given should Jake agree to a deal."
In other words, depending on how geographically desirable a trade destination is, Peavy could request anything from a cost-of-living allowance to airline tickets for his wife and children to an entirely re-done contract, ala Johan Santana when the New York Mets acquired him from Minnesota two winters ago.