Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants

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The Hot Stove sleeps for no one. Not even you California people who won’t read this until it has been up for three hours. And you are the ones who will care about the most as it concerns your Giants who, Ken Rosenthal reports, have signed Jake Peavy to a two-year, $24 million deal.

Jerry Crasnick of ESPN reports that Peavy will make $7 million in 2015 and $13 million in 2016. He also gets a $4 million signing bonus and — this is key for a guy who has moved around like Peavy in the past could of years — a full no trade clause.

Peavy was 1-9 with a 4.72 ERA in 20 starts with Boston, then got traded to San Francisco and pulled off a 6-4 record with a 2.17 ERA in 12 starts for the Giants. He had a bad postseason, however, going 1-2 with a 6.19 ERA in four outings for the world champs.

Peavy, however, is not paid to be an ace anymore. He’s a third or fourth starter and, assuming he stays clear of arm troubles, should provide the Giants exactly what they’re looking for at a price that is more or less the going rate for that sort of work these day.