Pete Fairbanks Signs $13M Deal with Miami Marlins: A Reliever's Rise to the Top (2026)

The Miami Marlins have secured the services of veteran reliever Pete Fairbanks for the upcoming season, with sources confirming a one-year, $13 million contract. This move comes after Fairbanks, 32, was released by the Tampa Bay Rays, who declined his $11 million option. Fairbanks' impressive performance as the Rays' primary closer over the past four seasons, where he saved 83 games and maintained a 2.83 ERA, makes this a significant acquisition for the Marlins. With a fastball that averages 97 mph, a sharp slider, and a cutter added midseason in 2025, Fairbanks is expected to be a valuable asset. However, questions about his durability have been raised, as he has never pitched more than 45.1 innings in a single season. Despite this, Fairbanks had his best year in 2025, logging a career-high 60.1 innings and 27 saves. The Marlins are taking a calculated risk, hoping that Fairbanks' elite pitching skills will translate into a successful season. The Athletic was the first to report the agreement.

Pete Fairbanks Signs $13M Deal with Miami Marlins: A Reliever's Rise to the Top (2026)
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