White Sox

Kaplan: Sox protected by insurance policy for Peavy

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Kaplan: Sox protected by insurance policy for Peavy

Tuesday, April 19, 2011
Posted: 2:24 p.m.

By David Kaplan
CSNChicago.com

Thank Goodness for Insurance

Baseball sources tell us that while Jake Peavy's contract calls for him to be paid 16 million in 2011 and 17 million in 2012, plus a 4 million dollar buyout of his 2013 option year which was for 22 million, the White Sox are significantly protected by an insurance policy that was originally purchased by the San Diego Padres when Peavy signed his current three-year deal in 2009. While exact figures are not available we hear that approximately 65 of the dollars owed to Peavy are covered by insurance. Depending on the severity of his injury, that savings should allow the White Sox some flexibility if they decide to trade for another pitcher during the season.

Peavys agent Barry Axelrod would not comment on the value of the insurance policy but he did tell us that his client fully cooperated when the Padres went to insure the contract. We had a responsibility to cooperate and do all that was asked by the insurance company and Jakes former club (San Diego) to allow them to insure his deal and we did do that.

Axelrod also told us that it is now much more difficult to insure long term deals on pitchers than it was just a few years ago. Industry wide it is becoming much more difficult to insure a contract for a pitcher beyond three years because of the risk of injury in the job, Axelrod said.

Iowa hoopster Cully Payne transfers to Loyola

Former Schaumburg HS basketball star Cully Payne has decided to transfer from Iowa to Loyola. Payne was named to the All Big 10 Freshmen team in 2009-10 and will have three years of eligibility remaining after sitting out the 2011-12 season per NCAA rules.

Dining Out Dept

Bulls players Taj Gibson and Ronnie Brewer enjoying dinner together at Hugos Frog Bar over the weekend.

White Sox stars John Danks and Peavy taking rookie third baseman Brent Morel to dinner at The Fifty50.

Acting legend Burt Reynolds dining at Harry Carays on Navy Pier.

This from the Cincinnati Enquirer

Reds left-hander Aroldis Chapman, who got the last three games off to get over a tender elbow, worked the ninth inning of Monday night's loss to the Pirates and threw a pitch that registered 106 mph on the scoreboard but was clocked at 103 on another pitch tracker. Read the rest of the story here.

More from The Cincinnati Enquirer

Reds pitcher Mike Leake was charged with misdemeanor theft hours before Monday's game after being accused of removing security tags from six T-shirts at a downtown store and leaving without paying for them, store security and police said. Employees at Macy's called police after they said Leake removed the tags from six American Rag T-shirts, valued at 59.88, and left the store with them. The incident was captured by security cameras, police documents state. Read the rest of the story here.

David Kaplan is the host of Chicago Tribune Live on Comcast SportsNet. Follow him on Twitter @thekapman.

White Sox Talk Podcast: 'Searching for a safe space in Cubslandia'

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USA TODAY

White Sox Talk Podcast: 'Searching for a safe space in Cubslandia'

With the Cubs back in the NLCS, White Sox fans have had to deal with another post-season of Cubs this and Cubs that. How does one escape it? Diehard White Sox fan John Kass of the Chicago Tribune comes on the podcast to talk with Chuck Garfien about his recent column entitled "Searching for a safe space in Cubslandia." Kass talks about how he's dealing with the Cubs success and how White Sox fans can find this safe space. He tells the story about taking the White Sox World Series trophy into a Chicago Tribune board meeting in 2005 to rub it in the faces of the Trib's executives who were all Cubs fans.  

Kass talks about how he watches the Cubs in the playoffs, the Chicago media coverage of their playoff run and how Cubs fans will react if they don't repeat as champions. Garfien and Kass also discuss the White Sox rebuild, the Cubs losing in 2003 and why Kass will be calling Cubs Pre and Post host David Kaplan in the middle of the night if and when the Cubs are eliminated.  

White Sox mourn passing of former pitcher Daniel Webb

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USA TODAY

White Sox mourn passing of former pitcher Daniel Webb

Former White Sox pitcher Daniel Webb died at the age of 28 in an ATV accident on Saturday night, according to Humphreys County Sheriff Chris Davis.

Davis called it a “tragic accident, and we should rally around the family.”

Webb, a Paducah, Ky. native, was with the White Sox from 2013-16 and went 7-5 with a 4.50 ERA.

The White Sox released this statement:

Daniel left many friends within the Chicago White Sox organization, and we are all shocked and stunned by the news of last night's terrible accident. He was a terrific young man with a full life ahead of him. All thoughts and prayers go to his family and friends as they deal with today's tragic news.