Jake Peavy

White Sox sign Jake Peavy to $29 million contract, decline Kevin Youkilis’ option

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The White Sox’s 2013 rotation is set to look a whole lot like the 2012 group after all. The team today re-signed Jake Peavy to a tw0-year, $29 million deal and picked up Gavin Floyd’s $9.5 million option for 2013.

The team also announced that it had declined Kevin Youkilis’ $13 million option and Brett Myers’ $10 million option for next year.

Peavy will make $14.5 million each of the next two seasons, which amounts to a paycut from the three-year, $52 million contract he was on. That deal included a $22 million option for 2013 with a $4 million buyout. Peavy will receive the $4 million buyout in addition to his new contract. His deal also includes a $15 million player option for 2015 that he’ll be able to pick up if he reaches certain marks the next two years.

Peavy went 11-12 and finished ninth in the AL with a 3.37 ERA last season. It was the first time he had made even 20 starts since 2008, so the White Sox are taking quite a chance in re-signing him. Still, many figured he’d get a three-year deal this winter on the open market.

Floyd’s return isn’t something a lot of people would have anticipated a few months ago, but he did have a strong finish on his way to going 12-11 with a 4.29 ERA in 29 starts for the season. It’s possible the team could still trade him this winter. If he sticks, then the White Sox would seem to be set with a rotation of Chris Sale, Peavy, John Danks, Floyd and Jose Quintana.

The White Sox figure to have some interest in re-signing Youkilis, who hit .236/.346/.425 with 15 homers and 46 RBI in 80 games after coming over from the Red Sox. However, since he is the top third baseman available in free agency, there will be plenty of demand for his services. A two-year deal seems likely.

Myers had a 3.12 ERA in 34 2/3 innings as a setup man following a trade from the Astros. He’ll probably go search for a closer gig elsewhere.

Report: Brewers to sign Joba Chamberlain

BOSTON, MA - MAY 21:  Joba Chamberlain #62 of the Cleveland Indians reacts after giving up a grand slam to Mookie Betts #50 of the Boston Red Sox in the seventh inning during the game at Fenway Park on May 21, 2016 in Boston, Massachusetts.  (Photo by Adam Glanzman/Getty Images)
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According to FanRag Sports’ Jon Heyman, free agent reliever Joba Chamberlain has a deal with the Brewers. No confirmation or terms of the contract have been confirmed by the team yet.

Chamberlain, 31, had a promising resurgence in the Indians’ bullpen during 2016. He shaved his ERA down to a modest 2.25 mark over 20 innings with Cleveland, paired with an 8.1 SO/9 and less-than-stellar 5.0 BB/9 rate. Over a decade in the major leagues, the right-hander holds a career 3.81 ERA, 8.8 SO/9 and 3.7 BB/9 rate.

The veteran righty was released by the Indians in July after refusing re-assignment. He’s expected to compete for a major league role this spring.

Athletics sign Santiago Casilla to two-year, $11 million deal

MIAMI, FL - AUGUST 10: Santiago Casilla #46 of the San Francisco Giants throws a pitch during the 9th inning against the Miami Marlins at Marlins Park on August 10, 2016 in Miami, Florida. (Photo by Eric Espada/Getty Images)
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After letting rumors of the deal percolate for the last week, the Athletics officially announced their two-year, $11 million contract with right-hander Santiago Casilla on Friday (and threw a little bit of shade at the Giants, too). As previously reported, the contract includes an extra $3 million in performance bonuses.

Casilla, 36, got his major league start with Oakland back in 2004, racking up a 5.11 ERA and four saves over six seasons in the A’s bullpen. After picking up a minor league deal with the Giants in 2010, the righty flitted in and out of the closing role with varying degrees of success. Notwithstanding a slight downturn in his production rate during the 2016 season, he earned 123 saves and a 2.42 ERA during the past seven years in San Francisco. Securing another closing role might be a little tougher across the Bay, however, with a bullpen that includes fellow closers Ryan Madson, Ryan Dull and Sean Doolittle.