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

Brandon Marshall on Newton’s presser: ‘You can’t do that’

Sabathia on post-rehab health: The best I've felt in three years

Carmelo Anthony says he's putting his trust in Phil Jackson

Lynn Swann: Calvin Johnson not a Hall of Famer

NFL requiring background checks for combine participants

Rams owner buys massive 520,000-acre Texas ranch

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Cam Newton explains why he did not dive on fumble

George Karl’s agent rips Kings, wants broadcaster reprimanded

WATCH: Popovich has funny reaction to New Hampshire results

Suns vets pull packing peanut prank on rookie Devin Booker

Teammate gives Manning final completion ball from Super Bowl

Report: Ole Miss Football cited in 13 of 28 department violations by NCAA

Oscillation, thy name is Pablo Sandoval

Mat Latos could be the steal of free agency

WATCH: Blackhawks coach walks out of press conference

Greg McElroy: Cam Newton 'quit on his team'

Tennis umpires secretly banned over gambling issues

WATCH: Dancing Kentucky fan slides down rail, fails

Clemson LB has great response to NFL draft analyst's criticism

Former Aggies QB Kyle Allen reveals culture problems at Texas A&M

Roy Williams collapses during game vs. BC

Panthers TE Greg Olsen shaves off his playoff beard

Derek Fisher thanks Knicks in statement

Miami Heat to honor Shaq by retiring his number 32

Oakland Raiders release Nate Allen

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 NCAAB power rankings

Report: Kings to keep coach George Karl

Was Alain Vigneault right about NHL's lack of punishment towards Wayne Simmonds?

Report: Knicks fire coach Derek Fisher

The best and worst commercials from Super Bowl 50

Best and worst from Super Bowl 50

Six best plays from Super Bowl 50

Eli doesn't look thrilled as Peyton wins Super Bowl

Did Beyonce almost fall down during Super Bowl halftime show?

Curry to serve as drummer for Panthers

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