Dec 19, 2014 10:07 AM
AP source: Peavy agrees to $24M deal to stay with Giants
The Associated Press
SAN FRANCISCO (AP) Pitcher Jake Peavy has agreed to a $24 million, two-year contract to stay with the World Series champion San Francisco Giants, a person familiar with the negotiations said Friday.
The person spoke on condition of anonymity to The Associated Press because the deal had not yet been announced.
Peavy gets a $4 million signing bonus, $7 million next season and $13 million in 2016. The deal includes a full no-trade provision and award bonuses.
A 33-year-old right-hander, Peavy helped Boston win the 2013 World Series, was traded to San Francisco on July 26 and won another championship with the Giants.
AP Sports Writer Ronald Blum contributed to this report.