Ken Rosenthal of Fox Sports reports that the Braves are out of the Jake Peavy sweepstakes.

“We have moved on,” Braves general manager Frank Wren told FOXSports.com on Friday. “We had our last discussion with San Diego yesterday and let them know that if the final names we were discussing wouldn’t get it done, we would move on to other opportunities, other possibilities.”

Rosenthal reports that the Braves are still in the hunt for Derek Lowe, A.J. Burnett and Ryan Dempster.

The Cubs are the club that appears most interested in Peavy, they’ve also been linked to Randy Johnson.

The Braves were offering a package of shortstop Yunel Escobar, either right-hander Charlie Morton or left-hander Jo-Jo Reyes, Class A outfielder Gorkys Hernandez, plus a fourth player, either reliever Blaine Boyer or a minor league pitcher for Peavy.

Padres general manager Kevin Towers told the San Diego Union-Tribune on Thursday that he could trade Peavy to the Yankees or Angels.

Hat tip to Peter Wade for the news.

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