Via ACB and MLB.com comes the Peavy news:

A previously discussed trade of All-Star right-handed pitcher Jake Peavy from the Padres to the Cubs is expected to be revived once the sale of the Chicago club is finalized later this spring, sources close to the situation told MLB.com.

Neither team, however, indicated Monday that the sides are actively re-engaged on the topic. Nevertheless, other highly placed sources suggested the move looks like a matter of when, not if, based on various developments.

Negotiations toward a deal, widely publicized these last two months, previously involved additional teams. But as the Cubs have buttoned up other moves, they now appear prepared to acquire Peavy in a two-team transaction with the Padres. As part of the deal, San Diego could get Garrett Olson, the starting pitcher the Cubs just obtained from the Orioles in a trade for left fielder Felix Pie. The Padres had "identified" Olson as a possible component when the teams extensively talked during the Winter Meetings.