The Chicago White Sox inked pitcher Jake Peavy to a two-year, $29 million deal, with $15 million more on offer depending on how many innings he pitches in the next two seasons.
Last season Peavy pitched more than 200 innings for the first time since 2007. The right-handed hurler made 32 starts and went 11-12 with a 3.37 ERA and 194 strikeouts.
“Jake Peavy showed again last season why he is capable of being one of the top pitchers in the American League,” executive Rick Hahn said on Tuesday. “We’re happy to reach a deal that keeps him at the top end of our rotation and his influence in our clubhouse for at least the next two years.”
Peavy, 31, made Major League Baseball’s All-Star team for the third time in his career last season. He won the 2007 National League Cy Young Award as outstanding pitcher while with the Padres, but has suffered through a series of arm issues since.
The White Sox also announced they were picking up the $9.5 million option on pitcher Gavin Floyd, but Chicago declined their option on third baseman Kevin Youkilis.
Youkilis, acquired from Boston in a mid-season trade, batted .236 with 15 home runs and 46 RBI and 47 runs in 80 games after arriving in Chicago.
White Sox sign Peavy to rich 2-year deal
