February 05, 2009
"The odds are the same," the source source told Foxsports.com.
The Padres maintain that they only will trade Peavy if the deal makes baseball sense. However, their season ticket sales have dropped from about 15,000 in 2008 to "well below" 10,000, according to the San Diego Union-Tribune.
The increasing financial pressure might compel the Padres to move Peavy, particularly if they could land a package from the Cubs headed by minor-league third baseman Josh Vitters, a top hitting prospect.
The teams have had no recent conversations; the Cubs are in the middle of their own ownership transition, and remain unsure whether their prospective new owners, the Ricketts family, will be willing to add payroll.
Peavy, 27, is owed $59 million over the next four seasons, and his contract includes a $22 million club option or $4 million buyout for 2013. He could require the Cubs to exercise his option in exchange for waiving his no-trade clause.