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Giants acquire Jake Peavy from Red Sox

Jul 26, 2014, 1:08 PM EDT

jake peavy getty Getty Images

UPDATE: The deal is now official. Alex Speier of reports that the Red Sox will pick up just over half of the roughly $5 million remaining on Peavy’s contract for this season. That explains why they got something of quality in return.

As for Peavy, he will make his Giants debut tomorrow night against the Dodgers.

12:01 p.m. ET: ESPN’s Buster Olney reports that the Red Sox will receive prospect pitchers Edwin Escobar and Heath Hembree in return. Both are pretty legit prospects, but it helps that the Red Sox are apparently sending some money to the Giants in the deal.

Escobar, a 22-year-old left-hander, was No. 56 on Baseball America‘s preseason list and has posted a 5.11 ERA and 96/37 K/BB ratio over 111 innings this season with Triple-A Fresno. Hembree, a 25-year-old right-hander is a relief pitcher with a big arm. He made nine appearances with the Giants last season, but has pitched exclusively in Triple-A this year, posting a 3.89 ERA and 46/13 K/BB ratio over 39 1/3 innings.

11:15 a.m. ET: CBS Sports’ Jon Heyman reports that the Giants will acquire Peavy from the Red Sox. No word yet on what Boston will receive in return, but it’s expected to be minor league pitchers.

11:07 a.m. ET: According to Ken Rosenthal and Jon Paul Morosi of, the Giants are close to acquiring Peavy. However, details are still being worked on.

10:59 a.m. ET: Jen Royle of the Boston Herald reports that the Red Sox are close to trading right-hander Jake Peavy to a National League team. However, she also adds that “lots of things need to happen” before it gets done.

While the Cardinals were rumored as a possible destination earlier this month, Royle hears that he’s not going to St. Louis. Her best guesses are the Giants or Brewers. For what it’s worth, FOX Sports’ Ken Rosenthal hears that the Red Sox and Giants were having “serious discussions” about Peavy yesterday.

Peavy, 33, has posted a 4.72 ERA and 100/46 K/BB ratio over 124 innings this season. He’s due to be a free agent this winter.

  1. sabatimus - Jul 26, 2014 at 11:22 AM

    I hope this story is true. Peavy gives up way too many HRs and is basically the pitching personality equivalent of Kevin Youkilis–swears and shouts at himself all the time.

  2. realgone2 - Jul 26, 2014 at 11:32 AM

    Thank god it isnt the Braves

    • jvandever007 - Jul 26, 2014 at 12:12 PM

      …or the cardinals

      • slappymcknucklepunch - Jul 27, 2014 at 12:08 AM

        Or basically 28 other teams.

  3. marklar1025 - Jul 26, 2014 at 12:05 PM

    Escobar and Hembree?? Seems like a lot to give for this aging veteran. Cain must be hurt worse than they are telling us.

    • paperlions - Jul 26, 2014 at 12:19 PM

      …for an aging veteran that is a well below average pitcher. It is amazing that the Giants don’t have someone in AAA that could be as mediocre as Peavy.

      • 18thstreet - Jul 26, 2014 at 1:10 PM

        It really is amazing, isn’t it? But one has to assume they know their system.

        I’ve really come to appreciate how valuable a 5th starter is. If the Red Sox had a guy as lousy as Peavy has been, back in 2011, they wouldn’t have collapsed. Five innings/four runs is terrible, but it keeps you in a game.

        The stats on these minor league guy don’t seem impressive, but the PCL generally had hitter-friendly parks. Any return for Peavy — any at all — is a plus. The guys in Pawtucket are better than him anyway.

      • wgward - Jul 26, 2014 at 2:58 PM

        Sabean has ALWAYS favored veteran players over those in the minors….

      • historiophiliac - Jul 26, 2014 at 4:25 PM

        I honestly don’t get this one. It seems like a lot for a short term rental that wouldn’t be a great asset in the post-season.

        Also, it’s funny they are giving up an EE *and* an HH. Fun with letters!

    • sfgiantsfanforever - Jul 26, 2014 at 12:25 PM

      Both seem to have floundered at AAA- Escobar has a 1.48 WHIP and 5+ ERA and doesn’t seem to be getting any better as the season progresses. Hembree gets killed by LHB- 11 BB in 14 in WHIP of 2+ ERA of 8 and LH are hitting .350 off of him. G’s have a TON of relievers with upside. Just don’t know if Peavy has anything left. This isn’t an encouraging sign about Cain….

      • clydeserra - Jul 26, 2014 at 4:19 PM


  4. mikhelb - Jul 26, 2014 at 12:06 PM

    Jake “Dodgers Killer” Peavy to the “hated” rival Giants, its gonna be good if he faces them tomorrow, he pitched tuesday.

    Lifetime vs LAD in 25 starts (24 as a Padre):
    14-2, 2.21 ERA, 0.962 WHIP, 8.3 K/9.

    It was always a blast to watch him pitch vs the Dodgers, those days there were more Padres fans in attendance at PetCo than bluecrew fans.

    • geejon - Jul 26, 2014 at 12:24 PM

      Don’t think the Dodgers will be shaking in their spikes considering those stats you put up are between 5 and 10 years old when Peavy was in his prime rather than the pitcher he is today.

    • gonderfan - Jul 26, 2014 at 12:34 PM

      But those days Peavy was a good pitcher. As a Giants fan, I hope he still is … but it sure hasn’t shown. I guess the Giants must feel he is an upgrade over Petit. Maybe he is that.

      • slappymcknucklepunch - Jul 27, 2014 at 12:14 AM

        He will have his moments and the change of scenery will do him good I think. For a fifth starter
        he had value this year and last. I wish him well.

        And he has/had a duckboat,NICE…

    • dannymac17 - Jul 26, 2014 at 2:30 PM

      lol Dodger Killer.

      It was easy to be a killer on a team full of sissys

  5. irishlad19 - Jul 26, 2014 at 12:24 PM

    Red Sox begin the dump of veterans with little future potential growth. Is Drew next, or Gomes, or Carp?
    Time to find some kids with long ball potential.

    • Glenn - Jul 26, 2014 at 12:38 PM

      Though I hope so, not even Lester will get a real prospect with power. I don’t think the Sox have anyone they want to part with who will return a lot. Lester is a two-month rental for a team, no more than that.

      • dan1111 - Jul 27, 2014 at 6:01 AM

        Right. The Red Sox have no reason to rebuild, since they have lots of young talent. They will probably be contenders next season. Therefore, they are only going to trade away short-term complementary players.

    • misterschmo - Jul 26, 2014 at 12:39 PM

      There are going to be some decent players picked off the Sox in the Rule 5 draft.

    • slappymcknucklepunch - Jul 27, 2014 at 12:23 AM

      Cherington has to eat ALL of Drews contract. I have no idea why he just HAD to be purchased but
      you own that mistake. I can’t see any kind of return for him in a trade that is not a bag of balls. Just
      deal with sunk costs and play the kids.

      DFA him is what I guess I meant.

  6. sisqsage - Jul 26, 2014 at 12:45 PM

    Hembree was supposed to be the closer of the future in SF, but never seemed to get over the hump and underwhelmed in spring training games with the big club. Sabean pointedly said last year, as the season was going south and the team was obviously looking for help, that so-called top-level prospects Hembree and Gary Brown weren’t ready. Tidrow and Sabean have a respected track record of developing young pitching and know to stock a minor league inventory. It’s the offense that needs work. Not a lot of promising bats in their farm system right now.

  7. keltictim - Jul 26, 2014 at 2:18 PM

    Thanks for your time in Boston Jake. Last year would not have happened without you. Enjoy the ring and your duck boat!

  8. sirlurksalot - Jul 26, 2014 at 2:26 PM

    Your move, Colletti.

  9. freddsox - Jul 26, 2014 at 2:34 PM

    Heard the buzz on Hembree for last couple years but he was not impressive last September. Had a straight ball and was 91-92 not 95 plus as advertised. This team has needed a power arm in pen for last two and a half years and this guy clearly was not it. Other guy hard to say but Hembree was heading out regardless

  10. go4two - Jul 26, 2014 at 2:36 PM

    Good luck Jake ! Got no run support here

    • slappymcknucklepunch - Jul 27, 2014 at 12:34 AM

      Good point. LA can score runs early and if Mattingly has a quick hook he could be sneaky sexy for
      6 innings a go with maybe getting 5 -7 more wins this season and set himself up for nice season selling collectors items next year.

      Can you imagine how well a duckboat would do in the cove?

      Then again if he re-signs for next year he may need two boats if he is pitching.

      He is old you see.

  11. jg78219 - Jul 26, 2014 at 2:49 PM

    Yeah Sabs!!! You idiot!!!! 2010 and 2012 you get props but this trade blows!!! Let’s get even older! 2 of our only prospects for that??? I know Bochy has a man crush on Peavy but come on!!! Stupid dumb idiot!!! Are you telling me you couldn’t do a little better than that? Wreaks of desperation. Cain must be done for the year. Now so are the Giants!!! Oh my God how stupid!!!

    • skerney - Jul 26, 2014 at 2:59 PM

      Pitching in AT&T, PETCO, and Dodger Stadium is a lot different than pitching in Fenway. The home runs will go down. Peavy is still better than Petit. Petit goes back to the bullpen and eats up innings. Peavy isn’t on the books for next year. Right now and Escobar and Hembree have the most value they’ll ever have so it makes sense to move them. Giants are on the hook for a measly $2.5 million which frees them up to make more deals if necessary.

      This is a fantastic move.

      • jg78219 - Jul 26, 2014 at 4:00 PM

        He pitched well at Dodger stadium last year but most of his numbers are from when he was still a Cy Young contender. Not the last few years but we will see I hope your right but a fantastic move? Lol!!!

  12. jg78219 - Jul 26, 2014 at 2:55 PM

    Let me just reiterate not that I believe Hembree or Escobar are going to be awesome but my point is they were 2 of our best prospects as sad as that is and Peavy is all we come up with? I’m just asking for a decent average arm not a past his prime 33 yr old to go with 39 yr old Hudson and 36 yr old Vogelsong. Why!!!???

    • skerney - Jul 26, 2014 at 3:05 PM

      The amount of prospects the giants have is immaterial. When you asked why a past his prime 33 year old is all sabean could get for two two guys you don’t believe are going to be awesome, you answered your own question.

      • jg78219 - Jul 26, 2014 at 3:27 PM

        When I see other teams getting decent players for less than stellar prospects (like this past winter) I question my GM. It’s not like he hasn’t done it before he’s traded for Nen and Hernandez as examples and gave up nothing. Jason Schmidt is another example. I’m not going to name them all but you get the point. He could have got something better for those 2 maybe not a lot better but something better nonetheless.

      • skerney - Jul 26, 2014 at 3:43 PM

        I understand if you don’t like peavy on the team because he’s kinda stunk with that terrible offense in boston, understand that the trade market on july 26 is a different animal than it is on december 26. Also Schmidt wasn’t yet the best pitcher in the NL when he was dealt for Vogelsong. He was basically garbage and people HATED that deal at the time because Vogie had youth and upside and Schmidt had bounced from Atlanta to Pittsburgh with zero success. I want a killer one sided deal in the giants favor too but it just isn’t going to happen. There are 30 partners in the giants ownership group. It takes a lot of cajoling to get that brass to take on payroll which is what sabean would have to do in the absence of good prospects, of which the giants have few.

        I’m curious as to who you think the giants could have got for escobar and hembree other than peavy. I’m not trolling, i genuinely would like to know who.

      • slappymcknucklepunch - Jul 27, 2014 at 12:49 AM

        Just wondering about the 30 0wners remark,is that true or is that false. If true,that would suck all kinds of suckdom.I can’t even get my co-workers to agree on if the sky is blue.

        Also none of us are rich enough to afford 1/30th of a team,but if if I did you can bet your ass I would demand that the sac bunt would be outlawed.

      • skerney - Jul 27, 2014 at 4:29 AM

        if you go to any teams page and navigate to the front office page you can read everyone who owns part of a team. The Giants ownership group “San Francisco Baseball Associates LLC” has 30 partners who own shares of the team in various amounts.

  13. ccmf69 - Jul 26, 2014 at 2:56 PM

    I’m sorry that I have to repeat my comment on the Uggla signing from earliler this week:…Nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo!!!

  14. wgward - Jul 26, 2014 at 3:01 PM

    Why Sabean didn’t trade for the A’s Milone (=who wants to be traded) is mysterious? The Giants have “a thing” about not making trades with Oakland….


    • skerney - Jul 26, 2014 at 3:06 PM

      You realize it takes at least two teams to make a trade. Beane always wants more in return than he is giving up.

    • clydeserra - Jul 26, 2014 at 4:25 PM

      the A’s want to keep Milone. They are going to keep milone.

      Milone for Crawford? sure. but not milone for these guys

  15. jg78219 - Jul 26, 2014 at 3:07 PM

    Now I’m hearing we looked in Price and Hamels but if we traded for them we wouldn’t be able to bring Pablo back next year. Ok!!!! Get one of those two and matched with Bum and Hudson and if Cain comes back strong we make a push for another ring. Now are starting pitching is still suspect, we still need a 2B and CF oh and a closer. Who cares about Pablo he’s hitting .277 12 hrs and 44 RBI. Overrated but we will pay him more than we should to keep him. When your lineup is suspect you better pitch and now we can’t do either. I don’t care if there was a chance to get Cole or Price then Sabs should have done it!

    • clydeserra - Jul 26, 2014 at 4:27 PM

      the giants couldn’t trade for Price because 1) they don’t have the prospects and 2) I don’t think he is available right now.

      It has nothing to do with Pablo Sandoval.

      • jg78219 - Jul 26, 2014 at 6:47 PM

        There’s an article from a Giants insider on csnbayarea that states they didn’t go after Price or Hamels because of payroll issues for next year and it wouldn’t allow them to pursue Sandoval aggressively. They have the prospects it would be all of them but they have them. I’m worried about this year not next year. The Nats were worried about next year when they shut down Strasburg and they didn’t even make the playoffs the next year. Right now counts.

      • clydeserra - Jul 26, 2014 at 11:03 PM

        The rays turned down Addison russell. There is no way the giants beat that offer.

        you can’t throw 4 B/b- guys to make the pot sweeter.

        Oh, and don’t believe anything a front office says in the press.

  16. jg78219 - Jul 26, 2014 at 3:40 PM

    That report that came out a couple years ago about Sabs being a horrible GM to trade with just keeps popping back into my head. You know the report about him not calling other GMs back when they call him. I’m sure it’s just anonymous GMs who were jealous and probably now out of a job. Nobody keeps there job as long as Sabean has with habits like that but trades like this and the Giants inability to draft talent is a huge issue after a few successful years. They are obviously able to develop talent look at all the guys on the current team we have brought up through the system. That being said the last 4 to 5 years we’ve drafted crap! Jon Barr came from the Dodgers and turned things around for a moment but that moment has passed. I know it’s harder to draft from 10 on in the 1st round but other teams can do it so why can’t we??? I really hope they hit on Beede this past year because with Cain’s struggles we are in desperate need of a number 2 and Peavy isn’t it. We got Bum and then a bunch of number 3-5 starters.

    • clydeserra - Jul 26, 2014 at 4:52 PM

      Sabean doesn’t develop people. Sure, he has put together a team that is pretty good, but they are really thin.

      Kudos to the scouting dpt for Lincicum Cain Bumganer posey and sandoval. Credit to Sabean for vogelsong.

      But beltran for wheeler, Peirzinski for Nathan liriano and bonser, aubry huff and marco scutaro extensions, Aaron rowand, not getting guerrro. and I am missing a few others.

      Sabean isn’t terrible, but i think his teams could have been better.

      • skerney - Jul 26, 2014 at 6:15 PM

        Sabes philosophy:

        Draft pitching.
        Sign proven hitters.
        Dig up undervalued bullpen arms.
        Fill in the blanks just before 7/31

        Since he’s been GM the Giants have:
        Won 5 NL West Titles
        Won 3 NL Pennants
        Won a Wild Card
        Forced a one game playoff
        Won 2 World Series

        Except for 2005-2008 the team has been extraordinarily successful with him at the helm.

      • clydeserra - Jul 26, 2014 at 6:28 PM

        and he could have done more.

      • jg78219 - Jul 26, 2014 at 6:49 PM

        They develop talent very well. They just haven’t drafted talent well in the last 4-5 years. They are always drafting middle infielders with no range or pop at least lately. No desire to try and sign more young Dominican or Cuban players.

      • clydeserra - Jul 26, 2014 at 11:05 PM

        They haven’t had good draft position fo a while

      • dan1111 - Jul 27, 2014 at 6:15 AM

        The Giants have only two playoff appearances in the last ten years, in a division that has been pretty soft (three times over that period, the division winner had <90 wins). They have gone just over .500 in that period.

        Sabean's record isn't terrible, but it isn't that great either. His recent reputation is built largely on two World Series, but there is a lot of luck in what happens during a small number of games in a playoff run.

        He deserves credit for drafting and developing a good core of players. However, his track record of signing complementary players to fill out the team is quite poor. The Giants could have done a lot more with their young talent.

    • slappymcknucklepunch - Jul 27, 2014 at 12:56 AM

      2 WS in 3 years. WHY U MAD bro..

      It is baseball and you have 2 WS after a huge gap since the move from Brooklyn. Be f-in happy.

      • skerney - Jul 27, 2014 at 4:34 AM

        Dodgers were in Brooklyn. The Giants played in Manhattan, just across the river from the Bronx.

      • slappymcknucklepunch - Aug 2, 2014 at 12:58 AM

        Sorry,My bad…Doh.

  17. 1harrypairatesties - Jul 26, 2014 at 6:29 PM

    He sucks.

  18. El Pollo Loco - Jul 27, 2014 at 2:15 PM

    Excellent pick up he owns the dodgers!

    Signed 2006.

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