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.

Rays’ Erik Neander named Executive of the Year

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At the GM meetings in Scottsdale, Arizona on Monday, Rays GM Erik Neander was named the recipient of Major League Baseball’s Executive of the Year Award for the 2019 season. The Yankees’ Brian Cashman was the runner-up while the Athletics’ Billy Beane and the Twins’ Derek Falvey tied for third place.

Neander has worked for the Rays since 2017 but has operated in his current role since November 2016, taking over for Matthew Silverman who was promoted to president of the Rays alongside Brian Auld.

The Rays had, by far, the lowest payroll in baseball at $53.5 million, according to USA TODAY. Neander’s peers voting him Executive of the Year on the same today the league had to curtail its awarding of a prize belt to the team that suppressed salaries the most in arbitration is… certainly interesting timing.

At any rate, Neander’s Rays went 96-66 in 2019, finishing in second place in the AL East behind the 103-59 Yankees. The Rays claimed the second AL Wild Card and defeated the A’s to earn entry into the ALDS where they lost in five games to the Astros. It was the Rays’ first playoff appearance since 2013 and their regular season win total was second-most in franchise history behind the 2008 team (97).