[Jeff Passan] Closer Pete Fairbanks is now a free agent after the Tampa Bay Rays declined his $11 million option, sources tell ESPN.
November 6, 2025
[Jeff Passan] Closer Pete Fairbanks is now a free agent after the Tampa Bay Rays declined his $11 million option, sources tell ESPN.
28 comments
I don’t get this, why not move him at the deadline then? Or exercise the option and get something in return? Makes no sense
Dang that’s rough. Really going to miss him. Was great for the community too
Gutted by this move. I think this answers any questions if were putting more money into the team with new owners
I mean I’m ok with letting him walk but to not get anything for him is wild
He was a declining reliever that was not worth that price tag anymore. Love Fairbanks the person but the baseball player had lost a step.
Damn 😔
damn
For fucks sake why didn’t we trade him at the deadline instead of letting him walk for nothing
Pete Pete Pete
I’ll miss the crazy eyes but not the blown saves. Good run with the Rays though.
Godspeed, you psychopath.
NO NO NO
Damn, gonna miss Pete. Met his parents at a bar in Arlington during the WS back in 2020
It won’t happen but in my head he’ll come back to us on a cheaper deal lol
Pete can still come back if he accepts a better deal. But some team will probably pay him.
Not surprising given his struggles with consistency last year. $11 mil is a lot for a closer who can’t be trusted to close games. Maybe they can bring him back on a cheaper deal
Right move. He’s declining. Gives up way too many hits and home runs.
Reddit needs a love button. Thank goodness he is gone
He’ll go on to win a ring with another team.
Gonna really miss him, but his stuff isn’t great anymore and he just doesn’t miss bats like he uses to. He gave up a *ton* of homeruns in the second half of last year, and went from a reliable closer with a sub 3.00 ERA, to a BP pitcher.
$11 million for a closer that can’t really close anymore is just too much. This isn’t the Rays being cheap. Its honestly the right move, and the logical move. He should’ve been traded at the deadline before he regressed and tanked his value.
Goodbye Fairbanks. Wish we got something for him, but it is what it is.
Pete was the last remaining member of “the stable”. Thanks for the memories and good luck.
It sucks because of the sentimental value, but also, RP is the most overpaid position.
Arizona should make a generous offer
Hindsight is 20/20, but really wishing we would’ve traded him at the deadline
my heart is in tears but my brain says this is the right move. I really hope we could have gotten something at the trade deadline but I guess there were no takers.
I don’t see anyone paying him that much but i can see him getting a nice deal like a 2 year 10million
Why?….

Do they still have Griffin Jax under contract because he could probably close
28 comments
I don’t get this, why not move him at the deadline then? Or exercise the option and get something in return? Makes no sense
Dang that’s rough. Really going to miss him. Was great for the community too
Gutted by this move. I think this answers any questions if were putting more money into the team with new owners
I mean I’m ok with letting him walk but to not get anything for him is wild
He was a declining reliever that was not worth that price tag anymore. Love Fairbanks the person but the baseball player had lost a step.
Damn 😔
damn
For fucks sake why didn’t we trade him at the deadline instead of letting him walk for nothing
Pete Pete Pete
I’ll miss the crazy eyes but not the blown saves. Good run with the Rays though.
Godspeed, you psychopath.
NO NO NO
Damn, gonna miss Pete. Met his parents at a bar in Arlington during the WS back in 2020
It won’t happen but in my head he’ll come back to us on a cheaper deal lol
Pete can still come back if he accepts a better deal. But some team will probably pay him.
Not surprising given his struggles with consistency last year. $11 mil is a lot for a closer who can’t be trusted to close games. Maybe they can bring him back on a cheaper deal
Right move. He’s declining. Gives up way too many hits and home runs.
Reddit needs a love button. Thank goodness he is gone
He’ll go on to win a ring with another team.
Gonna really miss him, but his stuff isn’t great anymore and he just doesn’t miss bats like he uses to. He gave up a *ton* of homeruns in the second half of last year, and went from a reliable closer with a sub 3.00 ERA, to a BP pitcher.
$11 million for a closer that can’t really close anymore is just too much. This isn’t the Rays being cheap. Its honestly the right move, and the logical move. He should’ve been traded at the deadline before he regressed and tanked his value.
Goodbye Fairbanks. Wish we got something for him, but it is what it is.
Pete was the last remaining member of “the stable”. Thanks for the memories and good luck.
It sucks because of the sentimental value, but also, RP is the most overpaid position.
Arizona should make a generous offer
Hindsight is 20/20, but really wishing we would’ve traded him at the deadline
my heart is in tears but my brain says this is the right move. I really hope we could have gotten something at the trade deadline but I guess there were no takers.
I don’t see anyone paying him that much but i can see him getting a nice deal like a 2 year 10million
Why?….

Do they still have Griffin Jax under contract because he could probably close
Feeling an all encompassing type of suck rn