Apr 19, 2025; Tampa, Florida, USA; Tampa Bay Rays pitcher Pete Fairbanks (29) throws a pitch against the New York Yankees in the ninth inning at George M. Steinbrenner Field. Mandatory Credit: Nathan Ray Seebeck-Imagn Images

Photo credit: Nathan Ray Seebeck-Imagn Images

The Blue Jays are among teams interested in Pete Fairbanks, per Ken Rosenthal

Fairbanks, as a member of the Tampa Bay Rays, faced the AL East rival Blue Jays often.

In 27 career innings against them, he held Toronto hitters to a .130 batting average and .468 OPS.

In his third season as the Rays’ full-time closer, Fairbanks finished with a 2.83 ERA over 60 innings and posted a career-high 27 saves.

Fairbanks has lost a few ticks on his fastball over the last couple of years

Over the past three years, Fairbanks has taken a step back from striking out a third of his opponents and instead punched out 27.9% against a 9.0% walk rate.

That’s fallen even further when looking at the last two years, when his strikeout rate has fallen to 24.0% as his average fastball velocity has dipped from its 99 mph peak to just 97.3 this year.

That’s still premium velocity, of course, but the dip in velocity and declining strikeout rate headed into Fairbanks’s age-32 season leave some questions in his profile that weren’t present even two years ago.

All those red flags led the Rays to decline their $11MM team option on Fairbanks’s services for the 2026 season, though it’s fair to expect that a team with a larger budget might have happily picked up that option given the relatively low price tag on a one-year commitment.

As the markets develop for Edwin Diaz, Devin Williams and Robert Suarez, Fairbanks looms as a viable under-the-radar alternative.

Helsley agreed Saturday to a two-year, $28 million deal with the Baltimore Orioles, pending a physical. A similar deal is believed to be in range for Fairbanks.

Previously on Blue Jays Central