Originally posted on Pro Sports Daily  |  Last updated 10/30/12
The first order of business for new Chicago White Sox general manager Rick Hahn was to retain a key piece of the team's rotation. The White Sox and right-hander Jake Peavy agreed to a two-year, $29 million deal Tuesday. The team previously announced it was declining a $22 million option on Peavy for the 2013 season. The Chicago Tribune and Chicago Sun-Times both reported that Peavy will make $14.5 million in 2013 and 2014. Hahn also announced Tuesday that the White Sox picked up the contract option of right-hander Gavin Floyd, and that they declined contract options on right-hander Brett Myers and third baseman Kevin Youkilis. Peavy finished 11-12 with a 3.37 ERA in 32 starts this year. Peavy, 31, was a two-time All-Star with the San Diego Padres early in his career. He won the 2007 National League Cy Young Award for San Diego when he went 19-6 with a league-low 2.54 ERA. He also won the NL's ERA crown in 2004 with a 2.27 mark. On July 31, 2009, San Diego traded Peavy to Chicago for four pitchers, most notably left-hander Clayton Richard. Peavy made three starts for the White Sox that year, going 3-0 with a 1.35 ERA, but ever since he gone through periods of ineffectiveness and injury, including shoulder surgery in 2010. Over the past three seasons, Peavy has gone 25-25 with a 4.07 ERA while averaging fewer than 22 starts per year. Floyd, 29, will make $9.5 million in 2013. He went 12-11 with a 4.29 ERA in 29 starts this year. Myers, 32, receives a $3 million buyout rather than a $10 million salary for 2013. He began the year as the Houston Astros' closer, and he saved 19 games in 21 opportunities. Myers was dealt to the White Sox in July for three minor-leaguers, and he finished the season as a middle reliever in Chicago. Overall, he went 3-8 with a 3.31 ERA in 70 appearances this year. Youkilis, 33, gets a $1 million buyout instead of a $13 million salary for next year. In the midst of a disappointing season, he was acquired from the Boston Red Sox in June in exchange for utility man Brent Lillibridge and right-hander Zach Stewart. Youkilis hit a combined .235 with a .336 on-base percentage, 19 homers and 60 RBI in 122 games in 2012.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Kyrie Irving takes blame for Cavs’ recent skid: ‘I need to demand more out of myself’

Six NFL teams have not renewed their daily fantasy deals

Adrian Peterson works out with Jameis Winston, gets Dirk Koetter’s attention

Report: Martavis Bryant reinstatement ‘imminent’

Steven Stamkos close to return for the Tampa Bay Lightning

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: CBS wants Tony Romo to replace Phil Simms

Warriors provide update on Kevin Durant, who could play this season

Griffin to wear shoes designed by young leukemia patient

Jack Del Rio frustrated Raiders can’t provide support to Aldon Smith

Bengals owner admits he could be ‘overtolerant’ with Pacman Jones

Rumor: Panthers trying to acquire No. 2 pick from 49ers

The 'So, is this the last ride for the Dead Man?' quiz

2016 MLB playoff teams that won't make it back this season

Box Score 3/29: Free hats (Caps fans only)

The 'Are you mentally prepared for 'One Shining Moment'?' quiz

NBA Referee Hotline Bling: Serge Ibaka can't connect

Can the Padres' Christian Bethancourt really succeed at pitcher and catcher?

The Raiders will forever belong to Oakland

The Rewind: George Mason's improbable run to the Final Four

Box Score 3/28: Wilt's last game

Baseball movies you can stream now to hold you over until Opening Day

Best, worst and hard to stomach MLB offseason moves

The 28 craziest ballpark foods for the 2017 season

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

The 'So, is this the last ride for the Dead Man?' quiz

2016 MLB playoff teams that won't make it back this season

The 'Are you mentally prepared for 'One Shining Moment'?' quiz

NBA Referee Hotline Bling: Serge Ibaka can't connect

Can the Padres' Christian Bethancourt really succeed at pitcher and catcher?

The Raiders will forever belong to Oakland

Best, worst and hard to stomach MLB offseason moves

The Rewind: George Mason's improbable run to the Final Four

Baseball movies you can stream now to hold you over until Opening Day

Best of Yardbarker: Did Team USA's victory save the World Baseball Classic?

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker