According to Buster Olney of ESPN the San Francisco Giants have acquired starting pitcher Jake Peavy from the Boston Red Sox. In exchange, the Giants give up two prospects in Edwin Escobar and Heath Hembree. Peavy is in the final year of a two-year, $29 million deal.
Olney also had this to say regarding the contract:
The Giants and Red Sox are splitting remainder of Jake Peavy’s salary for this year (about $5 million total; $2.5 million on each team).
— Buster Olney (@Buster_ESPN) July 26, 2014
The 33 year-old former Cy Young winner, who has struggled this season with the Red Sox, has a 1-9 record and a 4.72 ERA in in 20 games this season. He has also allowed an AL-worst 20 home runs. Perhaps AT&T Park might fair a bit better for the the struggling Jake Peavy. He’s also posted 100 K’s and 46 walks on the season.
Also, Peavy does have a working relationship with San Francisco’s manager Bruce Bochy back when both were apart of the San Diego Padre’s organization from 2002-2006.
The trade does make sense considering the injury to Matt Cain and the struggles from the some of the starters lately, but it is hard to know if Jake Peavy is the right guy.
This is especially since it seems the San Francisco Giants are mortgaging their future by dealing two of their better prospects in order to make a run at the playoffs again this season. Considering the Giants don’t have the greatest list of prospects to begin with, we’ll have to wait and see if this move pays off. For a more in-depth breakdown, check out what we had to say when the rumors first surfaced not too long ago.
We’ll have even more to say about this in the coming days. Stay tuned!