CHICAGO, Oct. 30 (UPI) -- Pitcher Jake Peavy has agreed to a two-year, $29 million contract extension with the Chicago White Sox, the team announced Tuesday.
The 31-year-old right-hander will receive $14.5 million in each of the 2013 and 2014 seasons, with incentives that could enable him to exercise a $15 million players' option in 2015.