When Chicago White Sox pitcher Jake Peavy was held out of his scheduled start on Tuesday against the Cleveland Indians, it was expected that the team was still aggressively trying to shop him before Wednesday's MLB trade deadline.

On Tuesday night, a deal reportedly came together, as CBS' Jon Heyman reported that the pitcher was on his way to the Boston Red Sox:

red sox and white sox have a peavy deal. — Jon Heyman (@JonHeymanCBS) July 31, 2013

The report was later confirmed by other outlets, with the Boston radio station WEEI reporting that the trade was a three team deal, with shortstop Jose Iglesias heading to the Detroit Tigers as part of the swap.

As for the White Sox, they acquired outfielder Avisail Garcia from the Tigers. In 88 plate appearances with the Tigers this season, Garcia has two home runs and 10 RBI, and is batting .241. He also has 21 strikeouts and only four walks in limited action.

He did have a more successful season last year in high-A and double-A ball. In 513 plate appearances, Garcia hit 14 home runs and added 58 RBI, and also stole 23 bases while only being caught eight times.

Here is a quick recap of what Sox fans can expect out of Garcia: 

Avisail Garcia weighs 240 pounds, but he's a 55 runner with a strong arm. Been used a lot in CF, some scouts think he's playable there. — Ben Badler (@BenBadler) July 31, 2013

Meanwhile, other reporters are slightly higher on the 22-year old's chances to stick with the big club: 

Great move by the #WhiteSox, not only dumping Peavy's contract, but getting Garcia from the #Tigers, an All-Star in waiting — Bob Nightengale (@BNightengale) July 31, 2013

Peavy has been considered one of the top pitching options available on the trade market in recent weeks ever since the Chicago Cubs dealt pitcher Matt Garza to the Texas Rangers earlier in the month. What complicated the deal from the Sox side of things was that Peavy is owed another $14.5 million for next season, and has a player option for $15 million for the 2015 season.

Despite that coming salary, Peavy was an attractive asset because of his performance in recent years. Ever since coming back from a muscle injury in 2010 that threatened to end his career, Peavy has blossomed in his time on the South Side. In 2012, Peavy had an unimpressive 11-12 record, but threw 219 innings and had an ERA of 3.37, his lowest with the team. He also struck out 194 batters, won a Gold Glove award, and was selected to the All-Star Game.

This season was a bit more of a struggle, with Peavy's ERA ballooning to 4.28 despite his 8-4 record for the White Sox.

The news of Peavy's departure wasn't unexpected. With the White Sox struggling to compete in a relatively weak AL Central, a rebuilding process was all but inevitable, and along with the Jesse Crain deal that sent the All-Star set-up man to the Tampa Bay Rays, the opening salvos have been fired.

More deals could be in the offing for the White Sox before the Wednesday deadline. Shortstop Alexei Ramirez and outfielder Alex Rios are also potential pieces that could be moved, with teams like the Pittsburgh Pirates expressing interest in both players.

We'll have more details on this trade as they become available.