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Think You Had It Rough in 2016? Here's Why Pitcher Jake Peavy Put His Career on Hold
[Photo: MLB. Com]
The 35-year-old pitcher had a hellish 2016, losing millions in a Ponzi scheme, and going through a divorce.
It's been a rough year for veteran MLB pitcher Jake Peavy, as chronicled by ESPN's Jerry Crasnick. Peavy is currently unsigned and waiting to sort out some personal matters before joining a team.
According to Crasnick, last February, Peavy fell victim to a Ponzi scheme orchestrated by a financial investor named Ash Narayan, who took money that was supposed to go into "conservative investments" and funneled it into a failed ticketing business.
The investigation went on through the 2016 MLB season while Peavy was with the San Francisco Giants and often required him to meet with lawyers and FBI agents between practices and games. Peavy said the ordeal took a mental toll on him.
"It turned my whole world upside-down. For the first time ever, it was hard to give my 150% focus, time and energy to baseball. It was such a tough year, because everything I have built and played for was jeopardized to some degree. When you've known people your whole life and career and they let you down and they're not who you thought you were, it's devastating.
According to Crasnick, Peavy lost "millions" in the ordeal. To make matters worse, after the Giants' season ended, Peavy returned home where his wife asked for a divorce. Peavy is still going through the legal process while tending to his 4 sons, and it’s in the best interests of Peavy and his family that he give his full attention to his personal matters.
"When I sign with a team, I'm all in. For me to leave right now with so much uncertainty in my life, it wouldn't be fair to an organization and it wouldn't be the right thing to do as far as being a dad."
