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Cubs Pull Out Of Peavy Talks

The Cubs have pulled out of the Jake Peavy trade talks. The Cubs felt the price was too high for Peavy, who has 63 million dollars left on his four year contract. However, they have made it known that Mark DeRosa is expendable for the second straight offseason, and if they don't trade him now, they will probably lose him next offseason, when he is a free agent. At least ten teams have contacted the Cubs about DeRosa, who has 5.5 million dollars left on his contract.

Felix Pie has been one of the Cubs' top prospects, and by not giving him more of an opportunity, they are wasting his trade value. We'll see what happens, it is very possible the Cubs will reopen talks when there isn't as much pressure on them to get it done.

This story was approved by MLB Rumors.