In regards to the Jake Peavy trade talks, the Padres absolutely believe Cubs' GM Jim Hendry can make this a three-way trade to get the Padres the pitching they need in addition to third base prospect Josh Vitters.

Padres' CEO Sandy Alderson said he has offered to talk to Padres closer Trevor Hoffman and his agent Rick Thurman since an impasse moved him into free agency.

The Braves have pulled out of the Jake Peavy sweepstakes and have turned their attention to free-agent pitcher A.

The Yankees' farm system is strong and deep enough to match up with the Padres if the teams revive their discussions on right-hander Jake Peavy.

Former Cy Young winner Rick Sutcliffe is trying to convince Padres' pitcher Jake Peavy to approve a possible trade to the Cubs.

The Jake Peavy trade derby is now down to one viable team, according to GM Kevin Towers.

Padres' third baseman Kevin Kouzmanoff had arthroscopic surgery on his right shoulder but is expected to be ready by spring training.

Padres general manager Kevin Towers claims that there have been no recent discussions with New York's Brian Cashman regarding a trade for Jake Peavy.

The Yankees are keeping an eye on San Diego's Jake Peavy as they continue to court free agents like CC Sabathia, A.

Closer Trevor Hoffman feels betrayed by the way the Padres treated him at the end of the season, leading to him becoming a free agent.

The Braves have officially ended their pursuit of Padres' ace Jake Peavy.

The chances of Ryan Dempster re-signing with the Cubs seemed to disappear as the chances of a trade for Jake Peavy increased, which could leave Chicago with addition money this offseason.

The Rockies acquired closer Huston Street from the Athletics in the trade involving Matt Holliday, which means another closer is expected to hit the market.

The Braves and Padres are making strides in trade talks involving Jake Peavy, but at the same time, the Cubs have gotten in on the action, as well.

The Padres withdrew their $4M offer to Trevor Hoffman on Monday, leaving it unclear whether they would continue to negotiate with the career saves leader, according to an Associated Press report.

Padres' GM Kevin Towers has acknowledged that pitcher Jake Peavy is on his way out of San Diego.

The Padres have picked up the $9 million option on outfielder Brian Giles for the 2009 season.

Yunel Escobar is a shortstop the Padres would like to acquire in a package for Jake Peavy, but the pitcher's no trade clause could kill such a deal.

The Cubs are now in the forefront of the Jake Peavy trade discussion, though the Padres are continuing to talk with the Braves in hopes of a better package, sources told Yahoo! Sports on Thursday night.

The Padres reportedly want at least two pitchers and an outfielder for Jake Peavy, and the Yankees are preparing an offer for the former Cy Young winner.

The Padres have narrowed the field of suitors for ace pitcher Jake Peavy, now setting their focus on three National League teams.

San Diego general manager Kevin Towers confirmed at the general manager meetings that pitcher Jake Peavy would not accept a trade to the Red Sox.

Trevor Hoffman, the Major League's all-time leader in saves, filed for free agency on Saturday but could still remain with the Padres.