The Marlins have signed reliever Pete Fairbanks to a one-year, $13MM contract, which includes a $1MM signing bonus and performance incentives. Fairbanks, coming off a 2.83 ERA in 60 1/3 innings with the Rays, is expected to serve as Miami’s closer. This signing bolsters a struggling bullpen that ranked 23rd in ERA last season, especially after the injury of standout reliever Ronny Henriquez. Fairbanks’s addition increases the Marlins’ projected payroll to $73MM for 2026.
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Marlins Sign Pete Fairbanks
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