Pursuit For Peavy Heating Up

by Eli Greenspan on May 9, 2009 6:15 PM EDT

Tim Sullivan of the San Diego Tribune is reporting that Dodgers GM Ned Colletti could use the 7.7 million dollars that won't be going to Manny Ramirez during his suspension and use it for acquiring Padres pitcher Jake Peavy. Adding Peavy with that money wouldn't cost them anything for 2009, but they would be adding to their payroll for the years beyond. Not only that, but it would cost the Dodgers several of their top prospects. He would probably cost the Dodgers one of their top young players, making this move unlikely, at least while the Dodgers are in first place.

The Cubs remain interested in Peavy, a source says. However, their new owner, Tom Ricketts, is struggling to raise funds and is looking to sell of parts of the team. The Cubs have the players to make a trade, but there is not enough room on the payroll for him right now.

This story was approved by MLB Rumors.

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there actually only saving around 2 million.
might wanna check mlbtraderumors

by garrett on May 9, 2009 6:49 PM EDT reply actions

thanks for stopping by garrett, but i think you are on the wrong site...

here is a quote from the san diego-union tribune:

"If General Manager Ned Colletti can effectively deploy the $7.7 million in salary Ramirez is no longer due, the Dodgers could be a better club when their performance-enhanced left fielder returns July 3 at Petco Park. This year more than most, those clubs with spare cash should be positioned to pounce as their pinched rivals struggle to meet payroll."

by Eli on May 10, 2009 12:25 PM EDT reply actions

Actually I think Garrett is right. It was originally thought that the Dodgers would save the $7.7 Million but later stated that because part of Manny's contract is in deferred payments the Dodgers actually only save a little over $2 Million from this years budget. The rest will come off in the next couple of years.

by Anonymous on May 11, 2009 1:38 AM EDT reply actions