Buzz: Peavy Close to Contract with Padres

by Matthew Cerrone on December 3rd, 2007 at 6:53 am

The Padres and Jake Peavy are close to a three-year extension that would pay him $17 million per season, reports Ken Rosenthal at FOXSports.com.

According to the report, Peavy’s extension would start in 2010 and could include an option for 2013.

…so, considering what he is set to earn between now and then, plus the new deal, he will essentially be locked up, starting next season, with a six-year, $83 million deal, which is very similar to the home-town discounts signed to by Roy Oswalt in houston and Chris Carpenter in st. louis…so, good for him and the Padres…

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