Pete Fairbanks Becomes a Free Agent
Right-handed closer Pete Fairbanks is officially on the free-agent market after the Tampa Bay Rays declined his $11 million option for the 2026 season on Thursday, sources told Jeff Passan of ESPN. Fairbanks will receive a $1 million buyout and will now be free to sign with any MLB team this winter. The 31-year-old veteran will have his fair share of suitors after a strong 2025 campaign in his sixth full season with the Rays. Fairbanks had a 2.83 ERA (3.63 FIP), 1.04 WHIP, a career-high 27 saves, 59 strikeouts, and 18 walks in 60 1/3 innings out of the bullpen. His fantasy value for the upcoming season will depend entirely on where he lands in free agency, but at the very least, Fairbanks should be attractive in fantasy as a high-leverage arm at the back end of a bullpen. He has become a high-end closer in recent seasons, saving 75 games in his 156 relief outings.
Source: ESPN.com - Jeff Passan
Source: ESPN.com - Jeff Passan
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