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.

Rockies, Trevor Story agree on two-year, $27.5 million contract

Trevor Story
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ESPN’s Jeff Passan reports that the Rockies and shortstop Trevor Story have come to terms on a two-year, $27.5 million deal, buying out his two remaining years of arbitration eligibility.

Story, 27, and the Rockies did not agree on a salary before the deadline earlier this month. Story filed for $11.5 million while the team countered at $10.75 million. The average annual value of this deal — $13.75 million — puts him a little bit ahead this year and likely a little bit behind next year.

This past season in Colorado, Story hit .294/.363/.554 with 35 home runs, 85 RBI, 111 runs scored, and 23 stolen bases over 656 trips to the plate. He also continued to rank among the game’s best defensive shortstops. Per FanGraphs, Story’s 10.9 Wins Above Replacement over the last two seasons is fifth-best among shortstops (min. 1,000 PA) behind Alex Bregman, Francisco Lindor, Xander Bogaerts, and Marcus Semien.

With third baseman Nolan Arenado likely on his way out via trade, one wonders if the same fate awaits Story at some point over the next two seasons.