Peavy was traded last season by the Chicago White Sox to Boston as part of a three-team deal with the Detroit Tigers.
“I love this place. If it happens I’m certainly prepared for that. I’m not blind to the fact,” Peavy said via the Boston Globe. "Just getting a pulse on things."
“When you get to this point, it’s a mutual respect thing. This is where I stand and this is where we stand. It’s nice not to be blindsided by anything and kind of have some feel.”
A three-time All-Star and 2007 National League Cy Young Award winner, Peavy is 1-7 this season with a 4.64 earned run average and is in the final season of a two-year, $29 million contract. He hasn't won a game since April 25.
The Red Sox are 39-51 and 10.5 games behind the Baltimore Orioles in the American League East.