Rays, Rangers Have Had “Preliminary” Talks On Pete Fairbanks

The Rangers and Rays have had “at least preliminary” conversations about Tampa Bay closer Pete Fairbanks, writes Evan Grant of The Dallas Morning News. Fairbanks is one of a handful of Rays veterans whose status is up in the air as the team considers its deadline approach.

Tampa Bay lost to the Yankees tonight, falling back to .500 in the process. They’re now three games back in the Wild Card race. That’s hardly insurmountable, yet the trend lines are not good. The Rays have a 7-16 record this month, an ill-timed skid that seemingly has forced the front office to more seriously consider a sell-off. ESPN’s Buster Olney relayed this afternoon that other teams expect the Rays to serve as one of the bigger sellers in the next two days.

It was less than a week ago that The Athletic reported that the Rays preferred to hold Fairbanks. Perhaps that’s still the case, but the Rays have dropped five out of six since then. A bubble team’s plans can change quickly this time of year. If the Rays do sell, Fairbanks would be an obvious candidate. He’s in the final guaranteed season of his three-year contract. There’s a club option for next season that’ll very likely be in eight figures after accounting for various escalators. That’d be a significant price for Tampa Bay to spend on a relief pitcher.

The 31-year-old Fairbanks is playing this season on a much cheaper $3.667MM salary. That’d be appealing to any team but would take on extra importance for Texas given their proximity to the luxury tax threshold. There’s no indication that Fairbanks is a specific priority for the Rangers, however. They’re casting a wide net in the search for a late-inning reliever and have also been tied to Ryan Helsley, David Bednar and Colorado’s Jake Bird within the past 12 hours.

Fairbanks would be a familiar face for some in the organization. Texas drafted him in the ninth round in 2015 and called him up for an eight-game cameo four years later. They traded him to the Rays in a regrettable 2019 deadline deal for Nick Solak. Fairbanks has become a high-leverage piece in Tampa Bay. He’s currently carrying a 2.75 ERA with 18 saves in 21 opportunities across 39 1/3 innings. This year’s 20.2% strikeout rate is a career low, which is a red flag, but he’s averaging his customary 97 MPH on his fastball and would immediately be the top power arm in the Texas bullpen.