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Sports

Fairbanks and Marlins finalize one-year contract agreement

MTXNewsroom
Last updated: December 24, 2025 6:35 pm
By MTXNewsroom
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The Miami Marlins have finalized a one-year contract agreement with relief pitcher Pete Fairbanks, valued at $13 million, sources confirmed to ESPN on Wednesday. The deal marks a significant addition to the Marlins’ bullpen as they prepare for the upcoming Major League Baseball (MLB) season.

Fairbanks, 29, has established himself as a reliable option in the late innings over the past few seasons. He began his MLB career with the Tampa Bay Rays, where he was known for his high strikeout rate and ability to handle pressure situations. In 2023, Fairbanks recorded a 3.18 earned run average (ERA) over 56 appearances, striking out 78 batters in 62.2 innings pitched. His performance was instrumental in helping the Rays reach the postseason, where they advanced to the American League Division Series.

The Marlins, who finished the 2023 season with a record of 83-79, are looking to bolster their pitching staff as they aim for a deeper playoff run in 2024. The team has made several moves this offseason to enhance their roster, and the addition of Fairbanks is seen as a key step in solidifying their bullpen. The Marlins’ relief corps struggled at times last season, and Fairbanks’s experience and skill set are expected to provide stability in high-leverage situations.

Fairbanks’s signing comes at a time when the Marlins are looking to build on their recent success. After a lengthy rebuilding phase, the team returned to the postseason in 2023 for the first time since 2003, when they won their second World Series title. The Marlins’ front office has expressed a commitment to improving the team’s competitiveness in the National League, and the acquisition of Fairbanks aligns with that goal.

The financial terms of the contract indicate the Marlins’ willingness to invest in their bullpen. The $13 million figure is significant, especially for a team that has historically operated with a more modest payroll compared to larger market franchises. This move reflects a broader trend in MLB, where teams are increasingly willing to allocate substantial resources to bolster their pitching staffs, particularly in the relief role, which has become crucial in modern baseball strategies.

Fairbanks’s career trajectory has been marked by a series of ups and downs, including injuries that limited his availability in previous seasons. However, his performance in 2023 demonstrated his ability to overcome those challenges and emerge as a key contributor. The Marlins are banking on his continued development and health as they integrate him into their bullpen.

The implications of this signing extend beyond the immediate impact on the Marlins’ roster. Fairbanks’s presence in the bullpen could influence the team’s overall strategy, particularly in late-game situations. His ability to close out games or serve as a setup man for the Marlins’ potential closer will be closely monitored as the season progresses. Additionally, his experience in high-pressure environments could provide valuable mentorship to younger pitchers on the Marlins’ staff.

As the offseason continues, the Marlins are expected to remain active in the free-agent market, seeking additional pieces to complement their roster. The team has expressed interest in improving its offensive production, which ranked in the lower half of the league in several key categories during the 2023 season. The combination of bolstering the bullpen with Fairbanks and addressing offensive needs could position the Marlins as a more formidable contender in the National League.

In conclusion, the agreement between Pete Fairbanks and the Miami Marlins represents a strategic move for the franchise as it seeks to build on its recent success and enhance its competitiveness in the upcoming season. The $13 million contract underscores the Marlins’ commitment to investing in their pitching staff, a critical component of any successful baseball team. As the 2024 season approaches, all eyes will be on Fairbanks and the Marlins as they aim to make a significant impact in the National League.

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