SAN FRANCISCO (AP) – Pitcher Jake Peavy has agreed to a $24 million, two-year contract to stay with the World Series champion San Francisco Giants, a person familiar with the negotiations said Friday.
The person spoke on condition of anonymity to The Associated Press because the deal had not yet been announced.
Peavy gets a $4 million signing bonus, $7 million next season and $13 million in 2016. The deal includes a full no-trade provision and award bonuses.
A 33-year-old right-hander, Peavy helped Boston win the 2013 World Series, was traded to San Francisco on July 26 and won another championship with the Giants.
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AP Sports Writer Ronald Blum contributed to this report.