Peavy,extends,White,Sox,years,$29,million,plus,his,option,buy,spread,over,also,earn,$15,2015

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Peavy extends with the White Sox

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#1 Jim Crikket

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Posted 30 October 2012 - 05:21 PM

2 years $29 million plus his $4 million option buy out spread over 4 years. He can also earn a $15 million option for 2015 if he stays healthy enough to pitch enough innings over the next 2 years.
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#2 John Bonnes

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Posted 30 October 2012 - 05:51 PM

Wow. I didn't see that coming. We had him pegged for about that much per year, but one or two more years. Apparently, either his agent didn't think he was going to get that, or he wanted to stay with the Sox. It's interesting that he's getting that contract AND the $4M buyout.

From the Sox standpoint, they just saved themselves $4M, though they'll have to pay it back later. It also means their payroll is near $105M, I think. One can never tell what Reinsdorf is thinking, but they didn't even draw 2M this year, so I wonder if that means Floyd is on his way out the door.

Next time someone says payroll isn't everything, this is pretty good example of when it's nice to have some extra money.

#3 mike wants wins

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Posted 30 October 2012 - 06:44 PM

You mean be willing to spend money...

What I just typed is probably an opinion, not a fact. I mean, I'm usually right, so you should maybe assume it is or will be a fact soon, but that's up to you. :)


#4 johnnydakota

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Posted 30 October 2012 - 06:59 PM

floyd had his option picked up today ,so unless there trading him....