Giants, Peavy agree to 2-year, $24M deal

By JANIE McCAULEY ASSOCIATED PRESS

10 years ago

Oct 3, 2014; Washington, DC, USA; San Francisco Giants starting pitcher Jake Peavy (22) pitches against the Washington Nationals in the first inning of game one of the 2014 NLDS playoff baseball game at Nationals Park. (Brad Mills-USA TODAY Sports)

SAN FRANCISCO — A person familiar with the negotiations says pitcher Jake Peavy has agreed to a $24 million, two-year contract to stay with the World Series champion San Francisco Giants.

The person spoke on condition of anonymity to The Associated Press on Friday because the agreement 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.

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AP Sports Writer Ronald Blum contributed to this report.