The Braves and Cubs have been in serious trade talks with the Padres involving RHP Jake Peavy, according to Buster Olney of ESPN.
The Braves and Padres have settled on two pieces of the package that Atlanta would send to San Diego, shortstop Yunel Escobar and outfield prospect Gorkys Hernandez. The Braves likely would include one of two young pitchers, either Charlie Morton or Jo-Jo Reyes. The two sides are at odds over the other pieces in the deal; the Padres are known to have interest in young pitcher Jeffrey Locke.
The Cubs and Padres have talked about a deal built around Josh Vitters, the Cubs' top pick from 2007. But unlike the Braves, Chicago is not steeped in pitching, and so the Padres and Cubs are in the process of drawing in a third team to their talks, and that third team would be the side that would flip the pitching necessary to San Diego, in order to make the deal work for the Padres.