UPDATE (1:35 a.m.): I apologize for the delay in updates. Here’s the latest:
The Phillies have confirmed a deal is in place between them, the Cubs and Padres, and will be executed if Chicago and San Diego agree.
Names coming through: JA Happ, Kyle Kendrick, Jason Jaramillo. I can see one of the pitchers going with Jaramillo over to San Diego.
Jayson Stark doesn’t feel a deal will occur during the Winter Meetings.
UPDATE (2:31 p.m.): Tom Krasovic says Chris Coste wouldn’t be part of the deal, and another source said JA Happ wasn’t, either. However:
They are seeking young pitching from the Phillies as part of the many scenarios involving three or four teams in a trade that would place Jake Peavy with the Cubs.
What else is there? Carlos Carrasco? No thank you.
At this point, the longer we wait, the more likely this isn’t happening.
UPDATE (1:39 p.m.): Ken Rosenthal now reports that the Cubs say they’re not close to a deal for Jake Peavy:
The Cubs maintain that they are “not even close” to a trade for Padres right-hander Jake Peavy and continue to mull a run at free-agent lefty Randy Johnson if the price for Peavy proves too steep.
The Cubs still want to wait until the secure new ownership to make a deal, so that may be part of this explanation. We can’t call off anything, but of course, we can’t say anything official either.
UPDATE (12:41 p.m.): MASN reports that the Orioles have not been in talks with the Cubs and Padres concerning the Peavy trade.
According to Roch Kubatko, “a team official said if the Padres announce a trade early tomorrow, the Orioles aren’t involved in it.”
That means Paul Hagen’s confirmation from a team official that a four-team deal was almost out of the question is correct. A three-team deal concerning the Phillies seems very likely.
UPDATE (11:50 a.m.): MLB.com is now reporting the DeRosa talk, meaning this thing is probably more certain than ever. Writer Marty Noble, however, says this:
DeRosa, the one-time quarterback for Penn, would move from the Cubs to the Phillies, who would send pitcher J.A. Happ to the Cubs, possibly with another prospect. The Cubs would then move Happ, the second prospect and more to the Padres in a package for pitcher Peavy, the 2007 National League Cy Young Award winner.
That’s the first we’ve heard of “another prospect.” Seeing as the Padres need a backup catcher, Jason Jaramillo comes to mind. Definitely not Lou Marson or Travis D’Arnaud.
The Cubs are very close to acquiring Jake Peavy from the Padres. The caveat: The Phillies or Orioles need to take Jason Marquis.
From the Chicago Tribune’s Phil Rogers:
[Padres GM Kevin] Towers told reporters on Monday that the Cubs were the only team he is continuing to talk to about Peavy and that making a Peavy trade was his full focus at the winter meetings. He then went out and proved it by working to facilitate a potentially four-team trade that would send Mark DeRosa to Philadelphia and Felix Pie to Baltimore and bring back pitchers Garrett Olson, J.A. Happ (the Northwestern product) and Sean Marshall for the Padres.
The key for that deal to work is for the Phillies or Orioles to take Jason Marquis, with the Cubs agreeing to eat some of his salary.
So it’s possible the Phillies would send JA Happ and possibly Chris Coste to San Diego, with a return of Mark DeRosa and Jason Marquis.
Allow me to say it out loud: Get it done.
More updates to come.