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: Six teams are in on Troy Tulowitzki

Troy Tulowitzki
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At least six teams are interested in free agent shortstop Troy Tulowitzki, according to a recent report from Susan Slusser of the San Francisco Chronicle. Known suitors include the Cubs, who will reportedly be in attendance during one of the shortstop’s offseason workouts as they decide whether or not to press forward with a deal.

The Blue Jays released Tulowitzki on Tuesday as general manager Ross Atkins admitted he couldn’t rely on the 34-year-old to bounce back from season-ending bone spur removal surgery and be the kind of consistent presence the club needed going forward. Toronto is expected to absorb the remaining $38 million on Tulowitzki’s contract, which includes the $20 million he’s due in 2019, another $14 million in 2020 and a $4 million buyout in 2021.

The veteran slugger will be available to any interested team at a minimum $600,000, an undeniably attractive bargain if he recovers in advance of the 2019 season. He last appeared in the majors in 2017 and slashed .249/.300/.378 with 17 extra-base hits and a .678 OPS through 260 PA. Per Slusser, Tulowitzki appears to be angling for a job with the Athletics — even going so far as to say he’d be willing to switch positions in order to play for a winning team — though they have yet to reach out about a potential deal this winter.