QUOTE (Balta1701 @ May 7, 2012 -> 05:01 PM)
$4 million buyout or $22 million option. If a team declines the option, they immediately owe him $4 million at that time. You have to take on the remaining contract ($6 million) and then the $4 million option, minimum, if you trade for him at the deadline.
Well consider me pwn3d...although I could now argue it would be $9,666,667 at the deadline.
I still think he has value at the deadline, but given the White Sox reluctance to spend money on prospects we won't pick up any of Peavy's salary or buyout, and end up either not moving him or receiving a box of broken bats in return.