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Bay for Peavy?

Posted By Howard Megdal On August 12, 2011 @ 9:00 am In Today's Mets headlines | Comments Disabled

Earlier this week, I received an email from a loyal reader mentioning the idea of the Mets acquiring Jake Peavy from the Chicago White Sox. Since I’d written previously about a potential deal of Jason Bay for Adam Dunn, I wondered if the Mets and White Sox might line up in a potential deal for Peavy.

Jason Bay has $35 million remaining on his deal after the 2011 season. And Bay has been showing signs of late, with an .822 OPS since the All Star break. Adam Dunn, meanwhile, has stayed remarkably terrible, with a .136 batting average in June, .145 in July, .143 in August. Now, batting average doesn’t tell close to the whole story generally, but here? It does. And he’s owed $44 million.

But there’s a different idea here, especially if Bay manages to continue his hot streak for the remainder of the season. Can the Mets possibly get Jake Peavy for Jason Bay? Peavy is owed $21 million after the 2011 season, a $17 million 2012 deal with a 2013 team option for $22 million or $4 million buyout. His 2011 ERA is 4.63, but his xFIP is far better, at 3.55. A 2012 rotation with Jon Niese and RA Dickey as the only relatively sure things could use another pitcher like Peavy.

And the White Sox need another hitter, thanks to the decline of Adam Dunn. The difference between Bay’s production and say, Lucas Duda, would be negligible at best (and likely in Duda’s favor). Could the Mets simply pay the difference and make a deal for Peavy? It doesn’t seem so impossible.

Needless to say, I will spend much of the coming months hoping that Jason Bay recovers sufficiently for the Mets to find a useful way to be rid of his contract. I’d be shocked if Sandy Alderson isn’t doing the same thing.

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