It was unclear if Jake Peavy would return to Chicago next season. The White Sox did not seem certain that they would pick up his option for the 2013 season, so the thought was they would allow him to enter free agency. However, yesterday the team extended Peavy for two more seasons.
According to Mark Gonzales of the Chicago Tribune, the White Sox gave Peavy $29 million for the next two seasons. Peavy's new agent had indicated that Peavy would test the free agent market - and suggested to Peavy that he do so. However, the White Sox new GM and Rick Hahn managed to get a deal done.
Peavy had a bounce-back year of sorts this past season. In 2010, he suffered a torn latisimus dorsi muscle. He wasn't even sure he could return to baseball after the injury. In 2011, Peavy did return and posted a 4.92 ERA. It was a far cry from his 2007 Cy Young season. This year, Peavy was better. He went 11-12 with a 3.37 ERA.
Peavy helps anchor a White Sox rotation that includes Gavin Floyd, Chris Sale, and Francisco Liriano. Chicago led the American League Central for most of the season, but eventually fell to the Detroit Tigers. They look poised to make another run in 2013. With Peavy back for another two seasons, the White Sox hope he will continue to improve.
Peavy has pitched 11 seasons - four for the White Sox. He has compiled a 120-93 record in his career and posted a 3.46 ERA.
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