It looks like the White Sox won’t be getting the pitching help they need after all.

The White Sox were able to strike a deal with the Padres for ace Jake Peavy, but Peavy exercised his no-trade clause to officially veto the deal before it could be completed. Peavy cited his desire to remain in San Diego as the main reason he nixed the trade, but many believe he doesn’t want to leave the National League either.

The conspiracy theorist in me questions whether or not this was a move to wake up the Cubs, who were hot after Peavy in the offseason but eventually walked away from the negotiation table with the Padres. Did San Diego GM Kevin Towers pursue a deal with the White Sox in an attempt to get the Cubs back into trade negotiations?

Think about it, if Towers knew that Peavy would never agree to join an American League team, then he could pursue a deal with the White Sox to piss Cub fans off and maybe get GM Jim Hendry to come back to the negotiation table. The trade attempt would also show the Cubs that Peavy is still available.

Again, this is just speculation on my part and my attempt to think outside of the box. The deal with the Sox could have very well been legit and had absolutely nothing to do with the Cubs. But if Towers has his eye on a prospect or two in the Cubs’ farm system, wouldn’t it be sly of him to use the White Sox as patsies to get the Cubs back into negotiations?

And isn’t it ironic that the day before Peavy rejects a trade to join the White Sox, the Cubs are in town for a three game set with the Padres?

According to a report by ESPN.com, Jake Peavy’s agent has expressed doubt that his client will agree to waive his no-trade clause in order for the Padres to complete a deal with the White Sox. Apparently the two teams have already agreed on a trade, but Peavy signing off on the deal is the final step.

The issue apparently is that Peavy wants to stay in the National League, where he’s played his entire career. It’s obviously much easier to face NL hitting than it is to go to the AL, where they DH the pitcher. It makes sense that he wants to give himself the best opportunity to succeed.

If this trade doesn’t go down, I wouldn’t fall asleep on the Cubs. They seemed hell bent on trading for Peavy in the offseason, but they eventually walked away. If Peavy doesn’t sign off on his no-trade clause in order to join the White Sox, will it wake up the other team in Chicago?

Despite battling a slew of injuries, the Cubs remain only three games behind the Brewers in the NL Central. Ace Carlos Zambrano is expected to come off the DL on Friday and start against the Padres (ironically), but adding Peavy to a rotation that already features Big Z, Rich Harden and Ryan Dempster would be killer.

The question is – do the Cubs have enough prospects to make a deal for Peavy? There probably isn’t a chance in hell they’d be willing to give up a young hitting prospect like Josh Vitters, but what about pitchers Jeff Samardzija and/or Andrew Cashner?

Nothing at this point suggests that the Cubs will try and re-enter trade talks with the Padres for Peavy, but it could be something to keep an eye on.