The San Francisco Giants have finally made a move and acquired right-handed starting pitcher Jake Peavy from the Boston Red Sox. The trade was first reported by Alex Speier of WEEI.com, a local Boston news outlet.
Sources: Red Sox, Giants agree to deal (pending Commish office approval) sending Peavy to SF for minor lg pitchers http://t.co/AmKcbhCgfO
— Alex Speier (@alexspeier) July 26, 2014
The Red Sox will get Giants prospects Edwin Escobar and Heath Hembree in the deal, pending approval. — Buster Olney (@Buster_ESPN) July 26, 2014
It is thought that the Red Sox will be kicking in part of Peavy’s remaining contract. Peavy is in the last year of a 5 year/$77 million contract, with the team owing him $14.5 million for this season. With the season more than half over, you could make a guess that the Red Sox owe him somewhere in the ballpark of $6 – $7 million. Peavy will become a free agent for next season.
SF, BOS have been waiting for Commissioner’s approval, so presumably, Boston has kicked in at least $1 million for Peavy salary.
— Buster Olney (@Buster_ESPN) July 26, 2014
Peavy spent the first half of his career playing for the San Diego Padres and Bruce Bochy. I would imagine their history has something to do with the Giants pursuing Peavy, but it could also help contract talks for next season if the Giant decide they want to re-sign him before he becomes a free agent.
With Matt Cain on the disabled list, and no sign of coming off soon, the Giants had turned their priority to finding a starting pitcher to fill the rotation. Yusmeiro Petit pitched Cain’s last start, and generally pitches okay enough, but without him in the bullpen to provide middle relief it taxes the bullpen a bit more as well. Peavy should be a better fit to pitch in the rotation on a regular basis than Petit.
Peavy has struggled this season, going 1-9 with a 4.72 ERA. However, he has proven himself to be a reliable veteran, even with his struggles in Boston. However, here is one piece of information that will make you not care so much about his 1-9 record: Jake Peavy pitches extremely well against the Los Angeles Dodgers.
Oh yeah, he’s also expected to be here in time to start Sunday night’s game.