Marlins Sign Pete Fairbanks: $13MM Deal & Closer Role! | MLB Offseason Moves (2026)

The Marlins are set to sign Pete Fairbanks, a highly sought-after reliever, to a one-year, $13MM contract, according to multiple sources. This deal, which includes a $1MM signing bonus and $1MM in incentives based on appearances, is a significant investment for the team. Fairbanks, who turned 32 last week, is coming off a strong performance with the Rays in 2025, posting a 2.83 ERA in 60 1/3 innings. Despite Tampa's $11MM club option for 2026, they opted for a $1MM buyout, allowing Fairbanks to join the Marlins for a substantial $2MM more than the original option. With this contract, Fairbanks is expected to become the team's closer next year, marking a pivotal moment in his career. The deal is pending a physical examination, and further details are expected to be revealed soon. This move by the Marlins is a strategic addition to their roster, and fans are eagerly awaiting the impact Fairbanks will have on the team's success in the upcoming season.

Marlins Sign Pete Fairbanks: $13MM Deal & Closer Role! | MLB Offseason Moves (2026)
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