Rays Prefer To Keep Pete Fairbanks
The Rays “strongly prefer” to hold closer Pete Fairbanks, report Patrick Mooney, Will Sammon and Katie Woo of The Athletic. Tampa Bay is one of many bubble teams, holding a 53-50 record that has them right on the edge of the Wild Card chase.
While the Rays are generally open to offers on almost everyone at any time, it’s understandable that they’re reluctant to deal Fairbanks this summer. They’ve had a middle-of-the-pack bullpen overall. They added to that group by acquiring Bryan Baker from the Orioles before the draft. At the same time, setup man Manuel Rodríguez will be out for an extended stretch with a forearm injury.
Garrett Cleavinger is an excellent left-hander, but they’re already short on high-leverage options from the right side. Even with Baker in the fold and Edwin Uceta racking up strikeouts this month, they’re better off acquiring another righty rather than trading one away. The Athletic reports that the Rays would indeed prioritize the bullpen if they buy in the next week.
The 31-year-old Fairbanks is operating as Kevin Cash’s primary closer for a third straight season. He’s 17-20 in save chances with a 2.84 earned run average across 38 innings. That comes with a career-low 20.3% strikeout rate that is cause for some alarm. The bottom line results nevertheless make Fairbanks one of their most trusted relievers.
Fairbanks is in the final guaranteed season of his three-year extension. He’s playing on an affordable $3.667MM salary. Fairbanks is guaranteed at least a $1MM buyout on a club option that is currently valued at $8MM but is likely to end up in eight figures by season’s end as he triggers escalators based on his appearances and games finished. That might be rich for Tampa Bay’s taste, but they’re under no financial pressure to move Fairbanks this season and could reevaluate their 2026 payroll situation once the offseason arrives.
Latest On Rays’ Deadline Possibilities
The Rays stumbled into the All-Star Break. The Red Sox swept them in a four-game set at Fenway to conclude the first half. Tampa Bay has dropped 11 of their past 14 games. They’d climbed as high as 11 games above .500 in late June; they’re now just three over at 50-47.
Like many other fringe contenders, the Rays face a pivotal upcoming two weeks. They’ll play host to the Orioles and White Sox for very winnable series coming out of the Break. They’ll hit the road for sets in Cincinnati and a four-game series against the Yankees running through July 31. President of baseball operations Erik Neander acknowledged to Marc Topkin of The Tampa Bay Times that the club’s deadline plans will in part be shaped by how they begin the second half.
“We’ve got to make up some ground,” Neander said of a team that sits a game and a half behind the Mariners for the last AL Wild Card spot. “There’s a belief in this team. … But these are really big games that will have some sort of influence on our decision-making as the month draws to a close.”
Unsurprisingly, Neander expressed hope that the team plays well enough for the front office to add. “I’d like to think that just about anything I think this group is capable of over these few weeks will lead us in a position where we’re looking to at least improve somewhere on the roster, if not significantly so,” he told Topkin. “But we’ve got to go out and play well and win. If we don’t, or if we have a stretch the way we had the last couple of weeks going into the Break, that comes with all sorts of additional questions that I’d much rather not think about.”
The Rays rarely operate as strict buyers or sellers. Remaining consistently competitive while operating with bottom five payrolls requires an openness to listening on veteran players even in years where they’re simultaneously trying to add to the big league roster. Tampa Bay already made one notable trade this month, acquiring controllable setup man Bryan Baker from Baltimore for the 37th pick in last Sunday’s draft. They could continue to add to the bullpen and/or bring in a right-handed bat (ideally in the outfield).
At the same time, they’ll certainly get calls on their more expensive players. Chris Cotillo of MassLive reported last night that the Red Sox would be interested in Yandy Díaz if the Rays make him available. Boston has an obvious need for a right-handed hitting first baseman. Still, it’s not clear if the Rays will shop Díaz at all — much less to a division rival that currently sits 2.5 games above them in the standings.
Ken Rosenthal of The Athletic wrote this morning that the Rays would likely hold onto Díaz, who is signed at a bargain rate for another two and a half seasons. He’s making $10MM this year and is guaranteed $12MM for next season. There’s a $10MM club option for ’27 that would vest at $13MM if he takes 500 plate appearances next year. Díaz and the Rays initially agreed to the extension in 2023 and restructured it just this spring to guarantee his ’26 earnings while adding the option year.
Rosenthal argues the Rays may be reluctant to trade Díaz so soon after he agreed to a team-friendly extension. That said, one could’ve made a similar point regarding Tyler Glasnow — whom the Rays traded to the Dodgers a little over a year after he signed an extension. Rosenthal nevertheless suggests that Tampa Bay would be likelier to move second baseman Brandon Lowe or closer Pete Fairbanks if the team doesn’t play well coming out of the Break.
Lowe went on the injured list with left oblique tightness last week but could be reinstated when first eligible tomorrow. He’s making $10.5MM this year and controllable for another season on an $11.5MM club option. Lowe started the year slowly but has been on a tear since May and is up to 19 homers with a .272/.324/.487 batting line.
Fairbanks has a 2.75 ERA and has gone 15-18 in save opportunities over 36 innings. His strikeout rate has been trending down for a couple seasons, though, dropping to a career-low 20.7% clip. While Fairbanks is playing this year on an extremely affordable $3.667MM salary, his contract contains an increasingly expensive club option for 2026.
That initially came with a $7MM base value but contained up to $6MM in escalators. Fairbanks has already pushed the option price to $8MM by reaching 125 appearances over the past three seasons and topping 25 games finished this year. It’ll climb by another $1MM when he makes three more appearances, $1MM more with 18 appearances, and another $1MM with 23 more games. It’d jump by $500K apiece with three, eight, and 13 more games finished.
Unless he suffers a significant injury, Fairbanks should push the option value well into eight figures. That’d make him one of the highest-paid players on the 2026 roster. As long as they’re in the playoff picture, the Rays may view that as an offseason problem. This year’s salary can only climb by a maximum of $300K. Yet it’s a factor for a front office that needs to balance the short and long term as much as any.
Beyond Lowe and Fairbanks, the Rays seem likely to shop a starting pitcher. Impending free agent Zack Littell is the most obvious candidate, but USA Today’s Bob Nightengale reported over the weekend that they’re open to inquiries on controllable righty Taj Bradley.
The Rays have a strong rotation of Ryan Pepiot, Drew Rasmussen, Shane Baz, Littell and Bradley. Hard-throwing righty Joe Boyle is pitching in multi-inning relief, but Neander reiterated to Topkin that the Rays would be comfortable using Boyle as a starter if a spot opened. They’re also hopefully a couple weeks away from Shane McClanahan making his long-awaited return from injury.
Looking Ahead To Club Options: AL East
MLBTR wraps our division by division look at next year’s team/mutual option class with the AL East. Virtually all of the mutual options will be bought out by one side. Generally, if the team is willing to retain the player at the option price, the player will decline his end in search of a better free agent deal.
Previous installments: player options/opt-outs, NL West, AL West, NL Central, AL Central, NL East
Baltimore Orioles
- Andrew Kittredge, RHP ($9MM club option, $1MM buyout)
Baltimore signed Kittredge to a one-year, $10MM free agent deal over the winter. He’s making $9MM this season and has a matching club option or a $1MM buyout for 2026. Kittredge was supposed to be a key setup man in front of Félix Bautista, but he suffered a left knee injury early in camp and required a debridement surgery. He began a rehab stint at High-A Aberdeen on Sunday. While there’s plenty of time for Kittredge to turn things around, it hasn’t been the start to his O’s tenure that he envisioned.
- Ramón Laureano, OF ($6.5MM club option, no buyout)
Laureano, who was non-tendered by the Braves, signed a $4MM contract with Baltimore in February. That came with a $6.5MM team option without a buyout, giving the Orioles an extra season of club control. Injuries to Tyler O’Neill and Colton Cowser have pressed him into everyday work, mostly in left field. He hasn’t provided much through his first 24 games. Laureano is hitting .185 with a .237 on-base percentage through 59 plate appearances. He has hit a trio of home runs but struck out 18 times while drawing only four walks. Laureano has generally been a below-average hitter since being suspended following a positive PED test in 2021. He’ll need much better production over the next few months for the Orioles to exercise the option.
Boston Red Sox
- Walker Buehler, RHP ($25MM mutual option, $3MM buyout)
Buehler signed a one-year, $21.05MM free agent deal to match the price of the qualifying offer — which the Dodgers had declined to issue when he hit the market. It’s a relatively expensive pillow contract. Buehler was coming off a dismal regular season, in which he’d posted a 5.38 ERA with a career-worst 18.6% strikeout rate over 16 starts. He finished his Dodger tenure on a high note, though, closing out the World Series while pitching to a 3.60 earned run average in 15 playoff innings.
An ace-caliber pitcher early in his career, Buehler hasn’t looked the same since undergoing the second Tommy John surgery of his career in August 2022. His stint in Boston has gotten out to a shaky start. While his 4.28 ERA through 33 2/3 innings is serviceable, he’s striking out just 20.7% of opponents while averaging a personal-low 93.5 MPH on his fastball. Shoulder inflammation sent him to the injured list last week. The mutual option was always an accounting measure designed to push the $3MM buyout to the end of the year rather than disbursing it throughout the season as salary. The team seems likelier to decline its end than the pitcher does.
- Lucas Giolito, RHP ($14MM club option, $1.5MM buyout)
Giolito signed a two-year, $38.5MM deal during the 2023-24 offseason. He negotiated an opt-out clause after the first season and hoped to retest the market after one strong year. Instead, Giolito’s elbow gave out during Spring Training and he required UCL surgery that cost him the entire season. The veteran righty made the easy decision to stick around for year two.
By exercising his player option, Giolito unlocked a 2026 option for the team. It’s valued at $14MM and comes with a $1.5MM buyout. If Giolito pitches 140 innings this year, it’d convert to a $19MM mutual option (still with the $1.5MM buyout). That’d give him a chance to test free agency if he wants. Giolito has an uphill battle to 140 frames. A hamstring strain cost him the first month of the season. He finally made his team debut last week, working six innings of three-run ball with seven strikeouts in a no-decision against Toronto. The Rangers tagged him for six runs on 10 hits in just 3 2/3 frames tonight.
- Liam Hendriks, RHP ($12MM mutual option, $2MM buyout)
The Red Sox added Hendriks on a two-year, $10MM deal over the 2023-24 offseason. They knew they wouldn’t get much in year one, as Hendriks had undergone Tommy John surgery the prior August. He attempted to make a late-season return last year but was shut down after a minor flare-up of elbow discomfort. Elbow inflammation shelved him for a couple weeks to begin this season, though he made his team debut in mid-April.
Hendriks allowed two runs on three hits in one inning during his first appearance. He has rattled off five straight scoreless outings since then, albeit with four walks in five frames. His 95 MPH average fastball is solid but below the 97-98 range at which he sat during his elite seasons with the White Sox.
Note: Jarren Duran’s arbitration deal contains a ’26 club option with an $8MM base salary. He’d remain eligible for arbitration if the Sox decline the option.
New York Yankees
- Tim Hill, LHP ($3MM club option, $350K buyout)
Hill finished last season with the Yankees after being released by the White Sox in June. He’d allowed nearly six earned runs per nine with Chicago but managed a tidy 2.05 ERA over 44 frames for New York. He’s out to a similarly productive start to the ’25 season. Hill has surrendered five runs through 17 1/3 innings (2.60 ERA).
While the soft-tossing lefty has managed just 11 strikeouts, his game has always been built around ground-balls. He’s getting grounders at a massive 81.6% clip thus far. Only nine of the 40 batted balls he’s allowed have been hit into the air. It’s easily the highest grounder rate in the majors. The Yankees value this skillset as much as any team, and the $2.65MM option decision is a drop in the bucket for them.
- Jonathan Loáisiga, RHP ($5MM club option, no buyout)
Loáisiga is still working back from last April’s elbow surgery. The righty has generally been a productive reliever when healthy, but he’s only once managed even 50 MLB innings in a season. He’s on a rehab stint with Low-A Tampa and will need another few weeks before he’s built into MLB game shape. Loáisiga is making $5MM this season. The option has a matching base value and could climb by another $500K if the Yankees exercise it. He’d earn $100K each at reaching 50, 55, 60, 65 and 70 innings in 2026.
Tampa Bay Rays
- Pete Fairbanks, RHP ($7MM club option, $1MM buyout)
Fairbanks is in the final guaranteed season of the three-year, $12MM extension that he signed before the 2023 campaign. That includes a $1MM buyout on a club option that comes with a $7MM base value. That’s a bargain for a quality high-leverage reliever, but the deal includes various escalators that could push the option price above $12MM.
The option value would climb by $500K if he gets to 125 combined appearances between 2023-25 and another $1MM apiece at 135, 150 and 165 combined outings. Fairbanks made it into 95 games over the first two seasons. He’d trigger the first $500K escalator at just 30 appearances this year and would max it out if he makes it into 70 games. He can boost the option price by another $2MM based on this year’s games finished total: $500K apiece at 25, 30, 35 and 40.
Fairbanks has never reached 50 appearances in a season because of various injuries, but he’s already at 14 games through this season’s first six weeks. Fairbanks has finished 11 of those contests while working as Kevin Cash’s primary closer. He has recorded 13 strikeouts against six walks while allowing three runs over 13 1/3 innings. The option price should remain solid value, though the escalators might eventually push it to an area where Tampa Bay would rather explore deadline or offseason trades rather than having a reliever projecting as one of the highest-paid players on the roster.
- Danny Jansen, C ($12MM mutual option, $500K buyout)
Jansen seemed to be pulling away from the rest of a weak free agent catching class early last season. His production tanked from June onwards, leaving him to sign an $8.5MM pillow contract with Tampa Bay. He’s making an $8MM salary and will collect a $500K buyout on a $12MM mutual option at year’s end. Last summer’s offensive drought has carried into 2025. Jansen has only one home run with a .147/.301/.221 batting line through 83 plate appearances. He remains a very patient hitter, but the Rays would have an easy decision to decline their end of the option if he doesn’t find the double-digit home run power he showed during his best seasons in Toronto.
- Brandon Lowe, 2B ($11.5MM club option, $500K buyout)
Lowe has had a rare extended run with a Tampa Bay team that is almost always willing to trade any player. He’s in his eighth big league season and in year seven of the extension he signed in Spring Training 2019. Lowe collected $24MM for what would have been his standard six seasons of team control. The Rays exercised a $10.5MM option for this year and can retain him once more at an $11.5MM price. It’s an $11MM decision after accounting for the $500K buyout.
While injuries have been a recurring issue, Lowe has been one of the better offensive middle infielders in the sport when healthy. His 39-homer season in 2021 is an outlier, but he has tallied 21 longballs in each of the past two seasons. He’s out to a much slower start this year, batting .203/.258/.305 with four homers across 128 plate appearances. The batted ball metrics are still solid, but his career-worst 20.1% swinging strike rate is the fifth-highest among hitters with at least 50 PAs.
This one can still go a few different ways. If Lowe hits like this all season, he’d be bought out. If he finds something like his 2023-24 form (.238/.319/.458), then $11MM is reasonable. It’d keep him as one of Tampa Bay’s highest-paid players, though, so there’s a decent chance he’ll be traded at some point this year. The 16-18 Rays look like fringe Wild Card contenders for a second consecutive year. They could again try to walk the line between buying and selling come deadline season.
- Jacob Waguespack, RHP ($1.5MM club option, no buyout)
The Rays signed Waguespack to a restructured deal early last offseason. He’s making $1.3MM this season and has a $1.5MM club option for next year. That’d escalate to $2MM if he reaches 20 “points” this season. Waguespack would receive one point for each MLB relief appearance and two points per big league start. He has spent the ’25 season to date on optional assignment to Triple-A Durham.
Working as a pure reliever for the Bulls, Waguespack has reeled off 14 innings of two-run ball. He has fanned 15 hitters against three walks while getting ground-balls at a lofty 60% clip. It hasn’t earned him a major league call yet, but he should be up before too much longer if he keeps performing at that level. Waguespack spent the 2022-23 seasons with the Orix Buffaloes in Japan. He made four MLB appearances with Tampa Bay last year but lost a good portion of the season to a rotator cuff injury.
Note: Taylor Walls’ arbitration deal contains a ’26 club option with a $2.45MM base salary. He’d remain eligible for arbitration if the Rays decline the option.
Toronto Blue Jays
- None
Players Linked To Union Discord Replaced In MLBPA Subcommittee Vote
Back in March, disagreements within the Major League Baseball Players Association led to a battle for power within the union that was often framed as a mutiny or a coup. At that time, three active players were connected to the overthrow attempt: Jack Flaherty, Lucas Giolito and Ian Happ. Those three were on the MLBPA eight-player executive subcommittee but none of those three remain after recent voting, per Evan Drellich of The Athletic.
MLBTR readers who want a full refresher on the situation can check out these posts from March. The 2023-2024 offseason was miserable for players, as various teams dialed back spending, often citing declining TV revenue as the reason. Several players signed contracts that were far below initial expectations, most prominently the “Boras Four” of Blake Snell, Matt Chapman, Jordan Montgomery and Cody Bellinger.
On the heels of that winter, frustration boiled up within the players and they eventually appeared to be split into two camps. One camp attempted to replace deputy director Bruce Meyer with Harry Marino, and it was suggested by some that executive director Tony Clark also would have been ousted in the event Meyer was replaced. Ultimately, those efforts stalled out and the Clark/Meyer duo stayed atop the union’s leadership structure.
Marino had previously been the head of Advocates For Minor Leaguers, the group that unionized minor league players. The minor leaguers were placed under the MLBPA umbrella, with Marino and Meyer then negotiating with MLB the first ever collective bargaining agreement for minor league players. Minor leaguers received 34 of the 72 seats on the MLBPA executive board, but Marino and Meyer reportedly did not get along, with Marino leaving the union at some point.
Though Marino was out of the union, it seems he was well liked enough in some circles that this attempt was made to install him into a very prominent position. Despite the frustrating winter for players, Meyer had made some notable gains for players in the 2022 CBA, his first in this role. The competitive balance tax tiers all went up, though a fourth tier was added. The minimum salaries were also raised in notable fashion, and a bonus pool for pre-arbitration players was created, among other advancements for players.
Regardless, the frustration was real and significant enough to threaten Meyer and perhaps Clark in the leadership structure, though they ultimately survived. Back in March, Flaherty seemed to express regret about the way things played out, though he also seemed surprised by the way Marino proceeded.
“There was one phone call that went on that I put Tony in a bad position in, where Harry tried to push his way through,” Flaherty told Ken Rosenthal at the time. “He tried to pressure Tony, and Tony stood strong, said this is not going to happen. Tony has done nothing but stand strong in all of this. That was something I would love to take back. I never wanted Harry to be in Bruce’s position.” Flaherty repeated that he was not trying to replace Meyer. “I said he’s not somebody to replace Bruce, but if you guys want to listen to him, we can continue this conversation. Things got way out of hand after that.” Flaherty then went on to compliment Meyer for the job he had done with the recent CBA.
The MLBPA votes on those subcommittee spots every two years. The union announced this week a new subcommittee consisting of Chris Bassitt, Jake Cronenworth, Pete Fairbanks, Cedric Mullins, Paul Skenes, Tarik Skubal, Marcus Semien and Brent Suter. Semien and Suter are the lone holdovers from the previous subcommittee.
As noted by Drellich, the subcommittee is significant because key matters are often settled with a 38-person vote. Each of the 30 teams have a representative with one vote, and the eight subcommittee members get the remaining eight votes. Those 30 team reps vote on the eight subcommittee members. The eight players selected this week will have their positions for the next two years, which aligns with the end of the current CBA, as that agreement goes until Dec. 2, 2026.
All relations between MLB and the MLBPA have appeared to be contentious in recent years, from CBA negotiations to the COVID-related shutdown to on-field rule changes. The most recent CBA involved a lockout of more than three months and came perilously close to canceling games. On the other hand, the two sides agreed in the middle of the 2024 campaign to redirect some CBT money towards teams that had lost broadcast revenue, a fairly rare instance of a notable financial decision made outside normal CBA talks.
With another round of collective bargaining due two years from now, the possibility of another lockout is also on the horizon. The league and the union will have plenty to work out, including the ongoing broadcast uncertainty, the international draft and other big-picture issues along with the typical bargaining topics like salaries, taxes and revenue sharing. As such, the developments within the union will have notable ramifications for the baseball world.
Rays’ Jeffrey Springs, Pete Fairbanks Drawing Trade Interest
There’s never an offseason where the Rays don’t have multiple players circulating the rumor mill, and this winter is no exception. Tampa Bay already flipped center fielder Jose Siri to the Mets last month, and there’s been plenty of speculation about the possibility of trades of some of their veteran players earning notable salaries. Yandy Diaz has often been the focus, but he’s one of several players who could draw interest. MLB Network’s Jon Morosi reports that closer Pete Fairbanks and left-hander Jeffrey Springs are among the Rays who’ve been popular in trade talks recently.
It’s not a huge surprise to see either player’s name pop up in trade rumblings. Fairbanks featured prominently on MLBTR’s list of top offseason trade candidates back in early November. Springs is the most expensive of at least six healthy rotation options for the Rays. Both players are signed for multiple seasons.
Springs, 32, has two years and $21MM remaining on a four-year, $31MM extension he signed prior to the 2023 season. The contract contains a $15MM club option for the 2027 season ($750K buyout). To this point, that contract hasn’t panned out as hoped, though not necessarily through any real fault of Springs. The journeyman southpaw broke out with the Rays in 2022, posting a sparkling 2.46 ERA with a strong 26.2% strikeout rate and terrific 5.6% walk rate in 135 2/3 innings. He looked like another late-blooming diamond in the rough unearthed by a Rays front office with a knack for just that type of discovery.
Unfortunately, Springs hasn’t been healthy since. He made three dominant starts to open the 2023 season (16 innings, one run allowed, 24-to-4 K/BB ratio) and then suffered a UCL tear that required Tommy John surgery. He missed the remainder of the ’23 campaign and made it back to the mound for seven big league starts and 33 innings late last year. The results were good in that limited sample. Springs posted a sharp 3.27 earned run average, fanned 26.1% of opponents and held his walks to a 7.7% rate. His average four-seamer was down from 91.4 mph in 2022 to 89.8 mph in 2024, however, and he saw similar velocity drops on his slider and changeup. Springs’ 12.9% swinging-strike rate was still strong, but it’s down from the 14.2% clip he displayed in 2021-23.
In addition to Springs, the Rays have Drew Rasmussen, Ryan Pepiot, Zack Littell, Taj Bradley, Shane Baz and a returning Shane McClanahan (2022 Tommy John surgery) all in the mix for starts next year. That’s in addition to yet-to-debut prospects like Joe Rock and Ian Seymour, who both excelled in the upper minors last year. Springs has looked the part of a high-end starter in the past but only for a fleeting span of about 150 innings across 2022-23. The Rays would be selling a bit low, but his $10.5MM salary is steep for them under normal circumstances — let alone at a time when the club is facing likely revenue losses following Hurricane Milton’s decimation of Tropicana Field’s roof and the club’s subsequent agreement to play at Tampa’s Steinbrenner Field — the spring training and Class-A home of the Yankees.
Fairbanks, 30, has been terrific when healthy in five seasons with the Rays. “When healthy” is an unfortunately crucial caveat, however, as the flamethrowing 6’6″ righty has never reached 50 appearances or topped 45 1/3 innings in a big league season. Dating back to 2020, Fairbanks touts a 2.89 ERA. He fanned nearly 35% of his opponents from 2020-23 but saw that number slip to a roughly average 23.7% this past season. Fairbanks didn’t have a huge loss of velocity on his heater, but it dipped from an average of 98 mph from ’20-’23 to 97.3 mph in 2024. His slider saw a larger drop, going from an average of 86.4 mph to 85 mph over those same periods.
The Rays signed Fairbanks to a three-year, $12MM contract that bought out all three arbitration years (2023-25) and guaranteed them control over his first free-agent season in the form of a 2026 club option. He’s owed $3.666MM this season with a $7MM option ($1MM buyout) on his ’26 campaign. Even for a partial season of a reliever with Fairbanks’ upside, it’s a pretty modest price to pay. As such, there’s no inherent urgency for the Rays to move him. They might feel a bit more motivated to move Springs and his weightier salary, but to this point it’s not clear the Rays are necessarily shopping either — just that they’ve drawn interest.
The Rays’ lot in life, of course, is to constantly listen on all of their players as they progress through their arbitration years or the latter stages of any contract extensions. This year’s stadium troubles and the uncertainty surrounding their home in 2026 and beyond only add to that.
At the same time, Tampa Bay already significantly culled payroll with their series of deadline trades and via the departures of some arb-eligible players (via trade and non-tender). RosterResource projects a bit less than $79MM in payroll for the Rays this coming season — already a drop of more than $10MM from their 2024 levels. Trading Springs, Fairbanks or other veterans like the aforementioned Diaz or Brandon Lowe could further reduce spending and free up the Rays to take on some money in other trades. With regard to free agency, they’re in a similar spot to the A’s in that they’ll have to persuade players to sign on for at least one year (and likely more) playing their home games in a minor league facility.
Rays Select Rob Brantly
8:40pm: Manager Kevin Cash told reporters that Fairbanks would be shut down from throwing entirely for two to four weeks (link via Marc Topkin of the Tampa Bay Times). That makes it seem unlikely he’ll be able to return this season, though Cash didn’t officially rule his closer out for the year.
5:20pm: The Rays announced a series of roster moves today, including selecting catcher Rob Brantly to the roster. He’ll take the active roster spot of fellow backstop Ben Rortvedt, who has been placed on the paternity list. The club already had a 40-man vacancy and won’t need to make a corresponding move there. The Rays also placed right-hander Pete Fairbanks on the 15-day injured list with a right lat strain, as was reported yesterday, with righty Joel Kuhnel recalled to take his spot. There’s still no word on exactly how long Fairbanks will be out of action.
Brantly, 35, is a veteran depth catcher who has frequently carved out part-time roles in the major leagues. He has already appeared in eight major league seasons, suiting up for the Marlins, White Sox, Phillies, Giants and Yankees, with minor league appearances for several other clubs. But all those stints have been fairly brief, as his career highs for games and plate appearances were set with the 2013 Marlins, when he got into 67 contests and stepped to the plate 243 times.
He signed a minor league deal with the Rays this offseason and has been with Triple-A Durham all year so far. He has appeared in 45 games for the Bulls, hitting .262/.323/.418 for a wRC+ of 91. That’s a bit better than his major league track record, which consists of a .225/.287/.326 line and a 68 wRC+ in his 456 plate appearances.
The Rays have split most of their playing time behind the plate between Rortvedt and Alex Jackson this year. René Pinto is also on the 40-man roster but he was placed on the minor league injured list at the end of July and hasn’t played in the past few weeks. With Rortvedt now stepping away for a few days, Brantly will slot in next to Jackson to share the catching duties for the time being. Brantly is out of options, so he may end up getting designated for assignment when Rortvedt returns.
Rays To Place Pete Fairbanks On 15-Day Injured List
The Rays’ 8-7 extra-innings win over the Diamondbacks today came at an unfortunate cost, as both Pete Fairbanks and Yandy Diaz left the game due to injuries. Fairbanks’ injury is the more serious matter, as manager Kevin Cash told reporters (including Marc Topkin of the Tampa Bay Times) that the closer suffered an apparent lat strain, and will be headed to the 15-day injured list. Diaz had to leave the game after being hit in his left elbow with a pitch, but Cash said the infielder is day to day since X-rays and an MRI of Diaz’s elbow were both negative.
More will be known once Fairbanks undergoes tests, but depending on the severity of the strain, it is possible Fairbanks might’ve thrown his last pitch of the 2024 campaign. This will be his second IL stint of the season, after he missed around three weeks earlier this year dealing with a nerve entrapment issue.
Fairbanks allowed three runs in two-thirds of an inning of work today, and that rocky performance will boost his ERA up to 3.57 over 45 1/3 frames. Sunday’s injury-marred outing aside, Fairbanks has pitched pretty well in his second season as Tampa Bay’s closer, as he has converted 23 of 27 save opportunities. Fairbanks’ 23.5% strikeout rate is slightly above average and his 8.9% walk rate is on the high side, though a .267 BABIP has helped paper over these middling metrics.
Most of the damage against Fairbanks occurred prior to his first IL stint, as he posted a 1.91 ERA in his first 37 2/3 innings after recovering from the nerve entrapment problems. The Rays used a bullpen-by-committee approach to save situations when Fairbanks was sidelined that first time, and the team will probably adopt that same tactic again. Garrett Cleavinger has been Tampa Bay’s most effective reliever overall, though Cash might deploy him in high-leverage situations at any point late in a game, rather than specifically just holding leads in the ninth inning.
Diaz was hit on the elbow in his very first at-bat of the game, forcing Christopher Morel into the lineup as a early replacement. Given the good news about his initial tests, it could be that Diaz might return after just a day or two off to recover from any swelling, but the Rays will naturally be cautious about one of their key bats. Diaz’s .273/.329/.396 slash line over 498 PA is well below his production from 2022-23, but he is another player who has started to get it together after a slow start —- Diaz had hit .301/.340/.445 in his previous 253 PA entering today’s action.
These injuries will make the Rays’ uphill climb towards a playoff berth even steeper. Despite moving a lot of veteran talent at the trade deadline, today’s win moved Tampa Bay back above the .500 mark to 62-61, and the club is 6.5 games back of the last AL wild card spot.
Latest On Yankees’ Deadline Plans
The Yankees swung a major trade earlier today when they acquired second baseman and center fielder Jazz Chisholm Jr. from the Marlins in exchange for a three-prospect package. The addition of Chisholm helps to address an offense that has struggled to produce when anyone other than Juan Soto or Aaron Judge is at the plate, but Joel Sherman of the New York Post wrote in the aftermath of the Chisholm trade this evening that the club plans to continue being aggressive on the trade market as they look to return to the postseason after missing for the first time since 2016 last year.
According to Sherman, the Yankees’ ideal deadline involves acquiring at least two hitters and two relievers. The addition of Chisholm locks up one of those hitting additions, although there’s still plenty of room for improvement around New York’s lineup. Ben Rice has held his own at first base in place of the injured Anthony Rizzo, and Anthony Volpe appears certain to continue getting everyday reps at shortstop, but third base appears to be a clear hole for the club. SNY’s Andy Martino reported earlier today that the Yankees were planning to address the hot corner before the trade deadline. While it’s theoretically possible to imagine Chisholm, a former shortstop with enough arm to handle center field, sliding over to third base for the Yankees, he’s never played the position before as a professional and the club may prefer to keep him in more familiar spots on the diamond for the time being.
If the Yankees do pursue an addition at third base, Sherman suggests that Isaac Paredes of the Rays, Luis Rengifo of the Angels, and Matt Chapman of the Giants could be among the options the club entertains. Chapman’s 111 wRC+ is the lowest of those three options but any of them would be a major upgrade over the paltry 75 wRC+ the club has gotten from its third baseman this year, a figure that ranks third worst in baseball this year. A deal for a third baseman, according to Sherman, could free up the Yankees to move another bat such as second baseman Gleyber Torres or center fielder Trent Grisham in a deal for bullpen help, though it also stands to reason that Chisholm could bounce between the keystone and the outfield depending on matchups, allowing the club to sit struggling lefties like Verdugo and Grisham against southpaws while giving players like Torres and LeMahieu more days off against right-handed starters.
As for the bullpen, the Yankees are known to have interest in Marlins southpaw Tanner Scott, and today’s deal between the sides for Chisholm does not figure to stop the clubs from getting together on another deal before the deadline should they be able to reach in agreement regarding the lefty. That being said, there are plenty of other late-inning relief options that figure to be available this summer. Nationals closer Kyle Finnegan and Rays closer Pete Fairbanks are both among the arms with closing experience rumored to be available. NJ.com’s Randy Miller reported earlier today that the Rays and Yankees were in the midst of “serious talks” regarding a Fairbanks deal, though MLB.com’s Bryan Hoch subsequently reported that nothing is close between the sides regarding Fairbanks.
Failing a reliable late-inning option, there figure to be plenty of other potentially interesting options available such White Sox flamethrower Michael Kopech, Cubs veteran Hector Neris, and Blue Jays righty Trevor Richards. Each of that trio have struggled to varying degrees this year but could be a fairly interesting addition for the Yankees bullpen, particularly if acquired as a secondary addition behind a more impactful arm like Fairbanks, Scott, or Finnegan.
Another possibility for bolstering the club’s relief corps Sherman suggests would be looking at the market for rental starting pitching. As reported by Sherman, the Yankees have inquired after Tigers right-hander Jack Flaherty, who sports an excellent 2.95 ERA and 3.10 FIP in 106 2/3 innings of work for Detroit this year, Sherman suggests that such a move could allow the Yankees to move right-hander Luis Gil to the bullpen as a high leverage arm. Such a move would both fortify the relief corps while also helping to limit Gil’s innings. The righty has already thrown 107 1/3 frames this year after throwing just 138 1/3 total innings between 2021 and 2023 due to a variety of injuries.
The idea of preserving Gil’s health by moving him to the bullpen might be an attractive one for New York, although it’s worth noting that it would require a starter of Flaherty’s caliber for the loss of Gil from the rotation mix not to be a downgrade overall. Gil’s first big league action since 2022 has gone exceptionally well as he’s posted a 3.10 ERA with a 3.52 FIP across 20 starts for the Yankees this year while filling out the club’s rotation in the place of injured starters—first Gerrit Cole, then Clarke Schmidt.
Latest On Rays’ Deadline Approach
The Rays are among the more interesting bubble teams with the deadline eight days off. Tampa Bay entered today’s series finale with the Yankees at 50-49. They dropped the game 9-1, putting them back to .500.
Today’s loss knocked Tampa Bay five games behind the Royals, who hold the final Wild Card spot in the American League. The Red Sox and Mariners also sit between the Rays and the last playoff spot. They’re 10.5 back with three teams to jump in the AL East, so it’s almost certainly Wild Card or bust. A five-game deficit certainly isn’t insurmountable, but it’s not an easy gap to close either (especially with multiple teams to jump).
MLB.com’s Mark Feinsand tweeted last night that the Rays are expected to both buy and sell at the deadline. Presumably, that’d take the form of shopping players on more expensive salaries and/or a dwindling control window while exploring acquisitions of MLB-ready talent that could aid the Rays in a longer shot playoff push this season and contribute to the 2025 roster. Tampa Bay’s front office is plenty familiar with trying to strike that balance as they look to remain annually competitive despite bottom five player payrolls.
The Rays have no shortage of veterans who’d generate interest. The Rays had five players on MLBTR’s initial list of Top 50 trade candidates last week: Zack Littell, Zach Eflin, Pete Fairbanks, Randy Arozarena and Jason Adam. There’d be a ton of interest in Isaac Paredes if the Rays genuinely considered moving their All-Star third baseman. SNY’s Andy Martino wrote last week that the Rays are willing to listen on Paredes, though there’s nothing to suggest that’s more than the organization’s standard openness to talking about every player.
Brandon Lowe and Yandy Díaz are each making between $8MM and $9MM and would be appealing targets in a light infield market. Amed Rosario has had a nice rebound season after signing a surprisingly low $1.5MM free agent deal. He’s headed back to free agency next winter and offers multi-positional versatility and plus contact skills from the right side. Virtually every contender could squeeze him onto the roster and in their payroll ledger.
Tampa Bay certainly isn’t going to trade everyone from that group. The Rays have never been keen on completely tearing down the roster and embarking on multi-year rebuilds. They’re not far enough from the playoff mix to make that advisable regardless. Yet it’d be surprising if the Rays didn’t at least move one or two veterans. Rosario, as their only impending free agent of note, is the most obvious candidate. The front office is clearly willing to deal some players under team control beyond this season, as evidenced by their trade of starter Aaron Civale (who is eligible for arbitration for the final time next winter) to Milwaukee.
Patrick Mooney, Ken Rosenthal and Will Sammon of the Athletic wrote this morning that the Rays could be more apt to trade players who are going yearly through arbitration than to deal those playing on guaranteed contracts. Arozarena, Paredes, Littell and Adam fall into the first bucket. Fairbanks, Díaz and Lowe have signed extensions, while Eflin joined Tampa Bay on a three-year free agent deal. There’s not much difference between players on guaranteed contracts versus arbitration salaries in practice, but The Athletic writes that the Rays could feel more of an obligation to hold the players who have committed to the franchise for multiple seasons.
While that’s a possible factor, it’d be surprising if the Rays drew too rigid a distinction. Tampa Bay traded Tyler Glasnow and Manuel Margot — each of whom had signed an extension — to the Dodgers last winter. Glasnow’s deal sent him close to home on the West Coast and came in conjunction with another extension with L.A.; the Dodgers flipped Margot to Minnesota within a few weeks. Tampa Bay traded Blake Snell within two years of signing him to a five-year extension back in December 2020.
Eflin ($11MM), Lowe ($8.75MM) and Díaz ($8MM) have the highest salaries among players on multi-year deals. Arozarena’s $8.1MM salary is by far the highest of Tampa Bay’s group of players on arbitration deals. Eflin will make $18MM next year in the final season of his backloaded contract. Díaz is set to make $10MM next season on a deal that has a $12MM team option for 2026. The Rays hold club options on Lowe (valued at $10.5MM and $11.5MM, respectively) for the next two seasons.
Arozarena is set to go through arbitration twice more, while Paredes is eligible for arbitration through the ’27 campaign. He’ll certainly be in line for a lofty raise on this year’s $3.4MM salary. Fairbanks, Adam, Rosario and Littell are all on modest salaries; Fairbanks’ $3.666MM figure is the highest of the bunch. All but Rosario are under contract or club control for at least another season.
If the Rays ultimately straddle the line between buying and selling, they’re fairly well positioned to deal from their rotation and infield. Shane Baz’s return from Tommy John surgery was one motive for the Civale trade. The Rays could welcome back Jeffrey Springs and Drew Rasmussen over the next couple months and will get Shane McClanahan back in 2025 — perhaps lessening the sting of a deal involving Eflin or Littell. Upper level infielders like Curtis Mead and top prospect Junior Caminero could make it easier to part with Lowe. That’s arguably also true of Paredes, although it’d have been an easier sell if Caminero hadn’t had two extended injured list stints in Triple-A this year because of quad issues.
Tampa Bay doesn’t have as much long-term stability in the outfield, particularly if they move Arozarena at some point. At catcher, they’ve gotten good production this year out of Ben Rortvedt but could still look for a clearer long-term answer. Tampa Bay’s typically excellent bullpen has been an unexpected issue this season, so that’s another area where the Rays may look to add.
Rays Activate Pete Fairbanks From 15-Day Injured List
The Rays have activated right-hander Pete Fairbanks from the 15-day injured list, Marc Topkin of the Tampa Bay Times reports (via X). Right-hander Edwin Uceta has been optioned to Triple-A in the corresponding move.
Fairbanks will return just short of three weeks after being placed on the IL with an unspecified nerve problem, so it’s good to see the reliever back in action relatively soon after such a vague and possibly ominous diagnosis. As Fairbanks told Kristie Ackert of the Tampa Bay Times, it was discovered that he was dealing with nerve entrapment, rather than anything related to his past dealings with Raynaud’s syndrome (a condition that has caused a numb feeling in Fairbanks’ fingertips). With a pair of Triple-A rehab outings now in the books, Fairbanks has been deemed ready to return to the Tampa bullpen.
Traditionally known for a strong relief corps, the Rays’ pen has been a surprising weak link this season. The relievers’ 11.7% walk rate is the highest of any bullpen in the league, and Tampa Bay also ranks 25th of 30 clubs in bullpen strikeout rate (20.7%) and 27th in bullpen ERA (4.76). Getting their first-choice closer back should help the Rays, though Fairbanks was part of the problem over his first eight appearances of the season.
Fairbanks had a 9.00 ERA in seven innings, with almost as many walks (eight) as strikeouts (10). Control has long been something of an issue for Fairbanks, but it didn’t stop him from posting a 2.54 ERA over 138 2/3 innings out of Tampa’s bullpen from 2020-23. Though Fairbanks has a checkered injury history, his results on the mound led the Rays to sign him to a three-year, $12MM contract extension back in January 2023, covering the 2023-25 seasons and with a club option for 2026.