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Jake Peavy’s time in Boston is over, Red Sox trade pitcher to Giants

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According to league sources on Saturday, the Boston Red Sox have traded 33-year-old veteran starter Jake Peavy to the San Francisco Giants in return for minor-league pitchers. The reported deal comes after weeks of rumors that Peavy was on the trading block.

The trade doesn’t necessarily mean that the Red Sox have become sellers. After starting off the second half of the MLB season strong, the team has lost four straight games, including a 6-4 loss Friday night to the Tampa Bay Rays. The team is close to falling out of the race, but Peavy’s trade is more about the team’s strength in starting pitching and less about the team waving the white flag and giving up in the season.

Peavy, who was obtained last season in a trade with the Chicago White Sox, played a role in the team’s World Series Championship, but so far this season, he has struggled and has also had some bad luck with run support when he has pitched well. His record has dipped to 1-9 with a 4.72 ERA in 20 starts with the Red Sox. A return to the National League may just be the boost Peavy needs. The Giants are hoping he provides a steady arm in helping them contend for the playoffs.

The right-hander has also drawn interest from the St. Louis Cardinals and Milwaukee Brewers, but the Giants apparently had the best offer. Peavy could bolster a San Francisco rotation that is without the services of starting pitcher Matt Cain. The three-time All-Star has recorded some of his best seasons in the National league, particularly with the San Diego Padres. Another plus for the Giants is Peavy’s past dominance against the rival Los Angeles Dodgers. He is 14-2 with a 2.21 ERA lifetime against the Dodgers. The two prospects the Red Sox are receiving in return are Edwin Escobar and Heath Hembree.