Around the Majors: Padres sign Peavy

1) The Padres re-signed P Jake Peavy to a 4 year, $15 million contract, with an option for 2009. They will announce the deal after finalizing an insurance policy.

After starting his career with 4.52 ERA/-8 RSAA and 4.11 ERA/-5 RSAA seasons, Peavy had a 2.27 ERA/31 RSAA in 27 starts. He has a 3.53 career ERA, compared to his league average of 4.26, and 18 RSAA in 76 games.

2) The BlueJays signed P Chris Michalak to a minor league contract and invited him to spring training.

Michalak, who hasn’t pitched in the majors since 2002, has a 4.66 ERA/3 RSAA in 53 games.

3) Diamondbacks SS Jerry Gil will have arthroscopic surgery to repair a torn medial meniscus in his right knee. He’s expected to be out anywhere from 4 weeks to 4 months.

Gil had a .221 SLG, .182 OBA, .403 OPS, -12 RCAA in 29 games in 2004.

4) The Nippon Ham Fighters signed P Brad Thomas.

Thomas has a 9.89 ERA/-15 RSAA in 11 career games, including a 16.88 ERA/-4 RSAA in 3 games with the 2004 Twins.

NOTE–There was no ATM report yesterday, due to a lack of news.

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