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Friday, January 27, 2023
Reliever Pete Fairbanks and the Tampa Bay Rays agreed Friday on a three-year, $12 million contract extension with a club option for a fourth season, sources familiar with the deal told ESPN on Friday.
Fairbanks, 29, was dominant over the final 2½ months of the 2022 season, ending the year with 22 scoreless innings in which he struck out 36, allowed 9 hits and walked 3 batters. Fairbanks missed the first 3½ months of the season with a torn lat muscle, but his return resembled the previous two years, in which he’d developed into a strikeout machine.
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1. John Reynard Posted: January 27, 2023 at 04:37 PM (#6114812)Estevez <6
L Jackson <5
Lugo 8
Strahm <7
Montero <6
As a super-2 non-closer back in the 2018-19 offseason, Taylor Rogers got $1.5 M. He became a closer in 2019 and the next year he got $4.5, followed by $6 and $7.3.
So 3/$12 for the arb years of a non-closer is not cheap. Tampa hasn't used a regular closer since 2019 -- the immortal Emilio Pagan who Tampa immediately sent to SD for Manuel Margot; Pagan has been below replacement since. Pagan's arb years cost $7.3
EDIT: So the option year might be the key to the deal from Tampa's perspective.
The odds of Fairbanks being bad if he's on the field are fairly low.
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