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The Marlins and reliever Pete Fairbanks are in agreement on a contract, according to Will Sammon of the Athletic. It is a one-year, $13MM contract for the Republik Sports client, according to Jeff Passan of ESPN. Per Mark Feinsand of MLB.com, the deal includes a $1MM signing bonus and another $1MM in incentives based on appearances. Fairbanks will also receive a bonus of $500,000 if he is traded. The deal is pending a physical.
Fairbanks, who turned 32 last week, is coming off a 2.83 ERA in 60 1/3 innings for the Rays in 2025. Tampa held an $11MM club option on his services for 2026, but they instead paid him a $1MM buyout. He now heads to the Marlins for $2MM more in salary and figures to be the team’s closer next year.
The right-hander debuted in 2019 and has pitched 265 1/3 innings with a 3.19 ERA in his seven seasons with the Rays. In that time, Fairbanks has struck out 30.0% of hitters against a 9.3% walk rate thanks to an upper-90s fastball and a mid-80s slider which he uses 44.1% of the time. He also gets groundballs at an above-average 45.1% rate and generally keeps the ball in the park, allowing 0.81 HR/9 in his career.
More to come.