Peavy, White Sox agree to $29 million, 2-year deal - Fox 2 News Headlines

Peavy, White Sox agree to $29 million, 2-year deal

Posted: Updated:

Pitcher Jake Peavy and the Chicago White Sox have agreed to a $29 million, 2-year contract.

The right-hander will receive $14.5 million in each of the next two seasons. Peavy could receive a $15 million option for 2015, depending on innings during the next two years.

Peavy's previous deal included a $22 million option for next season with a $4 million buyout. The buyout will be paid in equal installments from 2016-19.

The 2007 NL Cy Young Award winner went 11-12 with a 3.37 ERA in 32 starts this year after three injury-riddled seasons.

Chicago also exercised a $9.5 million option on right-hander Gavin Floyd on Tuesday, declined a $10 million option on right-hander Brett Myers and turned down a $13 million option on third baseman Kevin Youkilis, acquired from Boston in June. Myers gets a $3 million buyout and Youkilis $1 million.

 

Share Your Sports Photos & Video

Submit Your Sports Photos
  • White Sox

  • Friday, May 24 2013 11:53 PM EDT2013-05-25 03:53:03 GMT
    Jeff Keppinger drove in the winning run on a single in the 11th and John Danks was solid in his season debut and the Chicago White Sox beat the Miami Marlins 4-3 on Friday night.
    Jeff Keppinger drove in the winning run on a single in the 11th and John Danks was solid in his season debut and the Chicago White Sox beat the Miami Marlins 4-3 on Friday night.
  • Thursday, May 23 2013 9:26 AM EDT2013-05-23 13:26:38 GMT
    Clay Buchholz pitched five-hit ball over seven innings to improve to 7-0, and the Boston Red Sox beat the Chicago White Sox 6-2 Wednesday night to avoid a three-game sweep.
    Clay Buchholz pitched five-hit ball over seven innings to improve to 7-0, and the Boston Red Sox beat the Chicago White Sox 6-2 Wednesday night to avoid a three-game sweep.
  • Tuesday, May 21 2013 11:16 PM EDT2013-05-22 03:16:06 GMT
    Jose Quintana took a no-hitter into the seventh before David Ortiz broke it up with a one-out broken-bat single, and the Chicago White Sox beat the Boston Red Sox 3-1 on Tuesday night.
    Jose Quintana took a no-hitter into the seventh before David Ortiz broke it up with a one-out broken-bat single, and the Chicago White Sox beat the Boston Red Sox 3-1 on Tuesday night.
Powered by WorldNow

WJBK-TV | Fox 2
16550 West Nine Mile Rd.
Southfield, MI 48075

Main Station: (248) 557-2000
Newsroom: (248) 552-5103

Didn't find what you were looking for?
All content © Copyright 2000 - 2013 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices