Translation: if you don’t give us [a] cut, we’ll exercise the no-trade clause. Peavy can use his veto power to make sure that he captures a good portion of the economic rents generated by his contract. And it sounds like he’s negotiating for more money, possibly through an extension or a salary supplement (I’m not sure
if the latter is allowed under the current CBA). When it’s all said and done, the prospects the Padres can expect might be so bad and few—as his salary demands rise—that the Padres decide to keep him on the roster. And hey, if he likes playing in San Diego so much, maybe the Padres should reconsider their desire to trade him. Jake Peavy didn’t agree to a below-market contract so that the Padres could enrich themselves by trading him.
Meaning: As Peavy demands more to sweeten his side of the deal (almost free agent-like), the less the Padres will get in return. That plays right into the Yanks (and other large market, big salary appetites) hands. When have the Yanks let a few extra dollars of "sweetener" get in the way of getting a deal done? Posada, sure. Mo, ditto. Contreras, Pavano, Wright....wait, nevermind. I feel ill.
I've said all along, I'll believe the Yanks are out of it only when the ink is signed on some other team's letterhead.
Tim over at MLBTR.com has the latest. Have at it.
UPDATE (10/28/08, 1:40pm): Buster's update on the Peavy/Braves/Dodgers chatter:
The Braves want to keep their best prospects, like Tommy Hanson and Jason Heyward and Gorkys Hernandez, and unless Atlanta and the Padres can find some kind of middle ground in their Peavy trade talks over the likes of Yunel Escobar and Jordan Schaefer and some pitching, San Diego figures to look elsewhere. The Dodgers remain an intriguing possibility, because they have the kind of young pitching that the Padres would need in return for Peavy; L.A. might have to part with Chad Billingsley or Clayton Kershaw as the centerpiece of the deal for a division's rival ace and Cy Young Award winner.