Padres working to send Peavy to Cubs

Jake Peavy could be a little closer to being traded and the Chicago Cubs could be a little closer to getting him.

San Diego Padres general manager Kevin Towers said Wednesday night he might have identified a third team that would facilitate sending the standout pitcher to the Cubs, who don't possess the depth in prospects or big league-ready talent to meet the Padres' asking price.

Towers, who last week hit an impasse in negotiations with the Atlanta Braves, declined to name the third team. He said he intended to speak again to Cubs GM Jim Hendry after the Thanksgiving holiday.