On the off chance that three trade rumor posts a day aren't enough...
Here's the latest.
In the first big showdown of the offseason, it's the Braves vs. the Cubs for Padres right-hander Jake Peavy.
Both teams continued to target Peavy as the general managers' meetings concluded Thursday, and the Padres' discussions with the Cubs could be expanded to include a third team, according to major-league sources.
The details of the Cubs' proposal are not known and likely are fluid. The Padres could spin one or more of the players they would receive from the Cubs to get additional pieces from another team, sources said.
The Padres are seeking young pitching in any deal for Peavy, who has a full no-trade clause but has informed the club that he is willing to go one of five National League teams. The Yankees and Angels will become viable options only if the Padres fail to reach agreement with one of Peavy's preferred clubs, but such a scenario appears unlikely.
Peavy almost certainly would require some type of inducement to approve any deal. At minimum, he probably would ask for a full no-trade clause for the rest of his contract. He also could ask for a team to guarantee his $22 million option for 2013, or provide some other type of compensation. Padres general manager Kevin Towers said Wednesday that Peavy has established different criteria for different teams.
The Braves are not going to trade their top pitching prospect for Peavy. The Padres desire young pitching.
He said that the Jake Peavy trade talks have progressed to a point where the pitcher has been told he’s going to be traded, it’s just a matter of when a deal is struck.
“That train has left the station,” Tower said.
Towers also revealed that he is dealing with three teams, all in the National League. He mentioned the possibility of Peavy moving as part of a multi-team trade.
The Padres are known to be dealing with the Braves and Cubs. The third team could be the Cardinals or Astros. The Yankees are not in the mix.
"It’s been narrowed down for quite a while and there have been no additions,” Towers said.
For those of you wondering how or why a Peavy deal is going down, this should clarify some things:
Padres CEO Sandy Alderson reiterated Wednesday that the payroll hasn't been set for 2009, but Alderson did not dismiss the possibility that it could be near $40 million, the ballpark figure players told The San Diego Union-Tribune in August.
“We've discussed everything from something in that range to something higher,” Alderson said.
The club opened last season with a $73 million payroll.
Ace pitcher Jake Peavy, the subject of recent trade talks with the Braves, Cubs and Dodgers, is guaranteed an $11 million salary for 2009. That would chew up nearly 30 percent of a $40 million payroll. Peavy's salary will jump to $15 million in 2010.
Cutting Peavy would go a long way toward getting those salary figures down. Another $6.5 million could be cleared by trading shortstop Khalil Greene. There has been some chatter about Greene being packaged with Peavy, although apparently the Braves aren't interested.
Padres AGM Paul Depodesta blogs about trade rumors, obviously not saying much concrete about Peavy's situation.