The Tampa Bay Rays unexpectedly declined their club option for closer Pete Fairbanks, making him a free agent and paying a one million dollar buyout. Fairbanks, who was set to earn eleven million for the 2026 season, is now projected to sign a two-year deal worth eighteen million dollars. Despite his injury history, Fairbanks had a strong 2025 season, making him a sought-after relief pitcher for teams like the Boston Red Sox, Baltimore Orioles, Toronto Blue Jays, and Los Angeles Dodgers.
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