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 SoxMore>>

  • Tillman, Orioles beat White Sox for 3rd win in row

    Tillman, Orioles beat White Sox for 3rd win in row

    Tuesday, August 19 2014 11:28 PM EDT2014-08-20 03:28:10 GMT
    Chris Tillman threw eight strong innings and the AL East-leading Baltimore Orioles won their third in a row, beating the Chicago White Sox 5-1 Tuesday night.
    Chris Tillman threw eight strong innings and the AL East-leading Baltimore Orioles won their third in a row, beating the Chicago White Sox 5-1 Tuesday night.
  • Orioles hit 3 homers in 8-2 win over White Sox

    Orioles hit 3 homers in 8-2 win over White Sox

    Monday, August 18 2014 11:59 PM EDT2014-08-19 03:59:13 GMT
    Nick Markakis hit a two-run homer and prevented one with a leaping catch in right field, and Nelson Cruz and J.J. Hardy each added a solo shot to power the Baltimore Orioles past the Chicago White Sox 8-2 Monday...
    Nick Markakis hit a two-run homer and prevented one with a leaping catch in right field, and Nelson Cruz and J.J. Hardy each added a solo shot to power the Baltimore Orioles past the Chicago White Sox 8-2 Monday night.
  • Blue Jays rally to beat White Sox 6-3

    Blue Jays rally to beat White Sox 6-3

    Sunday, August 17 2014 12:44 PM EDT2014-08-17 16:44:19 GMT
    Melky Cabrera's two-run double in the seventh inning lifted the Toronto Blue Jays to a 6-3 victory over the Chicago White Sox on Saturday night.
    Melky Cabrera's two-run double in the seventh inning lifted the Toronto Blue Jays to a 6-3 victory over the Chicago White Sox on Saturday 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 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices