Jake Peavy discusses his decision to stay with the Giants

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The Giants finalized their new two-year, $24 million contract with Jake Peavy this week. In the video below, the veteran right-hander discusses his decision to stay with the defending World Series champions:

Peavy began last season with the Red Sox and posted a 4.72 ERA across 22 starts prior to being traded to the Giants in July. The move back to the National League and a pitcher-friendly home ballpark seemed to agree with him, as he put up a 2.17 ERA and 58/17 K/BB ratio in 78 2/3 innings across 12 starts down the stretch. The 33-year-old threw 5 2/3 scoreless innings in the NLDS against the Nationals before scuffling in his final three postseason starts, but the Giants are happy to have him back for 2015. He’ll be a part of a rotation which currently projects to include Madison Bumgarner, Tim Hudson, Matt Cain, and Tim Lincecum.

Pirates hire Ben Cherington as their new general manager

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The Pittsburgh Pirates have hired Ben Cherington as the team’s new general manager. They do so after the general manager meetings ended, but better late than never.

Cherington served as GM of the Boston Red Sox for four years, winning the World Series in 2013, but resigned during the 2015 season after Dave Dombrowski was named Boston’s new president of baseball operations. Which was a defacto demotionn for Cherington who, until then, had the final say in baseball decisions. Dombrowski, of course, was fired late in the season this year. Cherington went on to work for the Toronto Blue Jays as a vice president, but was seen as biding his time for another GM position. Now he has one.

Cherington takes over in Pittsburgh for executive vice president and general manager Neal Huntington, who was fired after a 12 years at the helm. Also fired was team president Frank Coonelly. Travis Williams replaced Coonelly recently. While the Pirates experienced a few years of contention under Huntington and Coonelly, they have slid out of contention in recent years as the club has traded away promising players for little return, all while cutting payroll. There’s a very big rebuilding job ahead of Cherington.

The first move he’ll have to make: hire a manager, as the team still hasn’t replaced Clint Hurdle since he was dismissed in the final weekend of the regular season.