by David Leisering | Marlins Correspondent | Thu, Dec 25th 4:52pm EST
Pete Fairbanks has signed a one-year deal with the Miami Marlins worth $13 million. (Jeff Passan on X)
Reliever Pete Fairbanks and the Miami Marlins are in agreement on a one-year, $13 million contract, sources tell ESPN. Fairbanks, 32, had an $11 million option turned down by Tampa Bay and went onto the open market and beat it by $2 million. @WillSammon was first on the deal.
— Jeff Passan (@JeffPassan) December 24, 2025
Fantasy Impact:
After losing Ronny Henriquez for the season, the Marlins jumped quickly to replace him and they picked up one of the better relievers on the market in Fairbanks. The hard-throwing righthander has spent most of his career with the Rays, including the last three seasons as their primary closer, and sports a career 3.19 ERA with 332 strikeouts in 265.1 innings. Last year, Fairbanks recorded career-highs in appearances (61) and saves (27) while posting a 2.83 ERA. Fairbanks is expected to compete with Calvin Faucher, last year’s team leader in saves (15), for the closer’s role in Miami in 2026.
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