Reports: RHP Pete Fairbanks reels in 1-year deal with Marlins

Field Level Media|published: Wed 24th December, 13:47 2025

MLB: Tampa Bay Rays at Cleveland Guardians

Aug 27, 2025; Cleveland, Ohio, USA; Tampa Bay Rays relief pitcher Pete Fairbanks (29) throws a pitch against the Cleveland Guardians during the ninth inning at Progressive Field. Mandatory Credit: Ken Blaze-Imagn Images

Right-handed reliever Pete Fairbanks agreed to a one-year, $13 million contract with the Miami Marlins, multiple media outlets reported on Wednesday.

MLB.com reported the deal includes a $1 million signing bonus, $1 million in incentives based on appearances and an acquisition bonus of $500,000 if he is traded.

The total value represents a raise for Fairbanks, who saw his $11 million option turned down by the Tampa Bay Rays.

Fairbanks, 32, recorded career-high totals in saves (27) and appearances (61) last season with the Rays. He posted a 4-5 mark with a 2.83 ERA while striking out 59 batters in 60 1/3 innings.

Fairbanks is 20-24 with 90 saves in 275 career appearances (two starts) with the Texas Rangers (2019) and Rays (2019-25).

Wednesday's reports came two days after the Marlins announced reliever Ronny Henriquez will sit out the 2026 season because of a hybrid Tommy John surgery with an associated internal brace procedure.

--Field Level Media

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