Jul 26, 2014, 1:08 PM EST
UPDATE: The deal is now official. Alex Speier of WEEI.com 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 FOXSports.com, 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.
Jan 24, 2015, 10:40 PM EST
Tommy Milone underwent neck surgery in December to remove a benign tumor, but he was able to resume throwing just over two weeks later.
Jan 24, 2015, 9:35 PM EST
Top prospect Byron Buxton could be wearing a Twins uniform in the major leagues at some point this season according to GM Terry Ryan.
Jan 24, 2015, 8:30 PM EST
The Tigers and reliever Al Alburquerque avoided arbitration with a one-year deal on Saturday.
Jan 24, 2015, 7:25 PM EST
A Jonathan Papelbon trade to the Brewers may not be happening after all.
Jan 24, 2015, 6:20 PM EST
Franklin Gutierrez could make a return to the Mariners. The 31-year-old outfielder has had trouble staying healthy over the last few years.
Jan 24, 2015, 5:28 PM EST
Duensing he has been useful and durable as a middle reliever over the past two seasons, posting a 3.67 ERA (110 ERA+) in 115 1/3 innings over 135 appearances.
Jan 24, 2015, 4:53 PM EST
Beachy is currently making his way back from his second Tommy John surgery.
Jan 24, 2015, 4:01 PM EST
The Giants, Padres, Rangers, Braves, and Yankees are among the teams showing strong interest in Olivera.
Jan 24, 2015, 3:15 PM EST
Check out this scouting report from when Banks was 22 years old.
Jan 24, 2015, 2:40 PM EST
From the start, even in those turbulent times, even though Chicago was finding its way in a changing America, people in Chicago did not see the color of his skin. From the start, Chicago loved Ernie Banks.
Ryan Vogelsong “really wasn’t comfortable with what was going on” with Astros before returning to Giants
Jan 24, 2015, 2:16 PM EST
Did something strange happen between Ryan Vogelsong and the Astros which led to his return to the Giants?
Jan 24, 2015, 1:11 PM EST
Coleman, who ranks sixth on MLB’s all-time list with 752 stolen bases, spent last the two seasons as a minor league outfield/baserunning coach with the Astros.
Jan 24, 2015, 12:05 PM EST
Abad, 29, posted an excellent 1.57 ERA and 51/15 K/BB ratio across 57 1/3 innings out of Oakland’s bullpen in 2014.
Jan 24, 2015, 11:11 AM EST
Reactions from a baseball world in mourning after the passing of Cubs legend Ernie Banks.
Jan 24, 2015, 10:02 AM EST
With Rob Manfred set to take over for Bud Selig as MLB commissioner on Sunday, Alex Rodriguez recently paid him a visit in an attempt to clear the air and turn the page on the drama surrounding the Biogenesis scandal.
Jan 24, 2015, 8:55 AM EST
Ernie Banks, 1931-2015.
Jan 23, 2015, 11:15 PM EST
There was only one Mr. Cub. And he was one of the greatest men in baseball history.
Jan 23, 2015, 10:55 PM EST
The Indians are considering bringing Nolan Reimold on board.
Jan 23, 2015, 9:50 PM EST
The Astros and utilityman Marwin Gonzalez avoided arbitration on Friday.
Jan 23, 2015, 8:45 PM EST
The Braves added some outfield depth on Friday, claiming Eury Perez off waivers from the Yankees.
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