To save or come close to saving the $11 MM that Peavy's contract costs this year, the team would have to move Brian Giles - who nixed a deal to the Red Sox when they were contending - and one of Adrian Gonzalez, Chris Young, Jody Gerut, Heath Bell, or Scott Hairston. That seems like a tricky thing for the Padres to do right now. Link Additionally moving Peavy will remove the albatross for the coming years, as has been noted on this board many times. I don't think they have to shave Peavy's entire contract, I think they just need to drop down to or below $40 million in payroll. I'm not sure of the specifics, but Cot's has the 25-man roster at roughly $43 million right now, meaning they need to get $3 million off the books. That doesn't change your scenario much, though. If Peavy stays, one of Adrian Gonzalez, Brian Giles or Chris Young will have to go. They could also put together a combination of Heath Bell, Scott Hairston, David Eckstein, Henry Blanco and Cliff Floyd. Three to four of those players would do as well.