US EditionMarlins, Ex-Rays Pitcher Pete Fairbanks Agree to 1-Year Deal
Marlins signed reliever Pete Fairbanks for $13 million to strengthen bullpen after injury; Yankees target Austin Hays depending on Cody Bellinger’s free agency status.
- On Dec 24, 2025, reliever Pete Fairbanks agreed to a one-year, $13 million contract with the Miami Marlins, ESPN confirmed and The Athletic first reported.
- Because the Rays passed on his option, the Tampa Bay Rays declined Fairbanks's $11 million option, sending him to the open market, while the Miami Marlins pursued late-inning help after Ronny Henriquez was lost to Tommy John surgery.
- Despite earlier durability concerns, Pete Fairbanks posted a career-best 60.1 innings and 27 saves in 2025 with the Tampa Bay Rays, featuring a 97 mph fastball, slider and cutter.
- The New York Yankees are interested in veteran outfielder Austin Hays, but would pursue him only if Cody Bellinger signs elsewhere, reports the New York Post.
- Despite the one-year pact, Pete Fairbanks remained a top reliever with a career WAR of 10.8 and a 2023 All-Star selection, attracting attention in a soft free-agent market for high-leverage relievers.
25 Articles
25 Articles
Sun-Sentinel
Marlins add veteran closer Pete Fairbanks in biggest free-agent pickup in years
MIAMI — The Marlins made their first sizable free-agent investment in two years on Wednesday, agreeing to terms with veteran right-hander closer Pete Fairbanks on a one-year, $13 million deal. The deal is agreed to but contingent on Fairbanks passing a physical, according to a source. Fairbanks will become the team’s second-highest paid player, behind Sandy Alcantara, and gives the Marlins their most established closer in several years. To read …
Diamondbacks Watch Another Closer Target Sign Elsewhere as Pete Fairbanks Lands in Miami
The Arizona Diamondbacks watch another potential closer target sign with another team. Former Rays closer Pete Fairbanks agreed to a one-year deal with the Miami Marlins. Fairbanks became a free agent when the Tampa Bay Rays declined an $11 million club option for 2026.The top story for the Diamondbacks this offseason has been Ketel Marte trade rumors. As they’ve entertained offers, they’ve watched some of the top relievers find new homes. With …
Rockdale Citizen & Newton Citizen
Reports: RHP Pete Fairbanks reels in 1-year deal with Marlins
Right-handed reliever Pete Fairbanks agreed to a one-year, $13 million contract with the Miami Marlins, multiple media outlets reported on Wednesday.
Coverage Details
Bias Distribution
- 81% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
