Pete Fairbanks, Marlins Agree on One-Year Deal
Free-agent right-handed reliever Pete Fairbanks and the Miami Marlins agreed on a one-year, $13 million contract on Wednesday, sources told Jeff Passan of ESPN. Fairbanks landed on the open market this offseason after the Tampa Bay Rays turned down an $11 million option for the 32-year-old closer. His deal with Miami also includes a $1 million signing bonus and another $1 million in appearance-based incentives in 2026. Fairbanks should immediately become the Marlins' primary closing option for next season after they went with a committee approach to close out games for most of 2025. In 60 1/3 frames in Tampa last year, Fairbanks was solid, with a 2.83 ERA, 1.04 WHIP, 59 strikeouts, 18 walks, and a career-high 27 saves in 32 chances. Health has been an issue for Fairbanks in his career, though, and Miami isn't exactly the greatest landing spot for save opportunities.
Source: ESPN.com - Jeff Passan
Source: ESPN.com - Jeff Passan
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