MLB
Pete Fairbanks
Pete Fairbanks
Tampa Bay Rays, Relief Pitcher
Age: 31y-0m-5d (Dec 16, 1993)
Exp: 5.057 Years
Country: US
College: Missouri
Drafted: Round 9 (#258 overall), 2015
Agent(s): Republik Sports
2025 Payroll Salary
$3,666,667
2025 Cash
$3,666,667
Career Earnings
$9,107,785
2023-2026 arbitration-extension-process (CURRENT)
Pete Fairbanks signed a 3 year , $12,000,000 contract with the Tampa Bay Rays, including $12,000,000 guaranteed, and an average annual salary of $4,000,000. In 2025, Fairbanks will earn a base salary of $3,666,667, while carrying a total salary of $3,666,667.
Contract Terms:
3 yr(s) / $12,000,000
Average Salary:
$4,000,000
Signing Bonus:
N/A
Free Agent:
2027 / UFA
Contract Notes
- 2026 Club Option includes a $1M buyout
- 2024-2025 Escalators (previous year Games Finished)
$150,000 each for 35, 40 - 2026 Option Escalators
$1M each for 60, 70 appearances in 2025
$500,000 each for 25, 30, 35, 40 games finished in 2025
$500,000 for 125 appearances across 2023-2025
$1M each for 135, 150, 165 appearances across 2023-2025 - Reliever of the Year: $500,000 ($200,000 for 2nd/3rd)
Source:
MLB contract specifics generally collected from verified reports.
2022-2022 Pre-Arbitration
Pete Fairbanks signed a 1 year , $714,400 contract with the Tampa Bay Rays, including $714,400 guaranteed, and an average annual salary of $714,400.
Contract Terms:
1 yr(s) / $714,400
Average Salary:
$714,400
Signing Bonus:
N/A
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2021-2021 Pre-Arbitration
Pete Fairbanks signed a 1 year , $583,800 contract with the Tampa Bay Rays, including $583,800 guaranteed, and an average annual salary of $583,800.
Contract Terms:
1 yr(s) / $583,800
Average Salary:
$583,800
Signing Bonus:
N/A
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2020-2020 Pre-Arbitration
Pete Fairbanks signed a 1 year , $564,700 contract with the Tampa Bay Rays, including $564,700 guaranteed, and an average annual salary of $564,700.
Contract Terms:
1 yr(s) / $564,700
Average Salary:
$564,700
Signing Bonus:
N/A
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2019-2019 Pre-Arbitration
Pete Fairbanks signed a 1 year , $555,000 contract with the Texas Rangers, including $555,000 guaranteed, and an average annual salary of $555,000.
Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
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2015-2015 Signing Bonus
Pete Fairbanks signed a 1 year , $100,000 contract with the Texas Rangers, including $100,000 guaranteed, and an average annual salary of $100,000.
Contract Terms:
1 yr(s) / $100,000
Average Salary:
$100,000
Signing Bonus:
N/A
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Seasons
5.057 Years
Career Earnings thru 2025
$9,107,785
Earnings w/ Different Teams
2 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2015 | 21 |
|
Signing Bonus
|
$100,000 |
$100,000 |
|
| 2019 | 25 |
|
Active
Retained
|
$92,504 $74,600 |
$192,504 $267,104 |
|
| 2020 | 26 |
|
Active
|
$209,148 |
$476,252 |
|
| 2021 | 27 |
|
Active
|
$583,800 |
$1,060,052 |
|
| 2022 | 28 |
|
Active
|
$714,400 |
$1,774,452 |
|
| 2023 | 29 |
|
Active / Arb Avoided
|
$3,666,666 |
$5,441,118 |
|
| 2024 | 30 |
|
Injured /
Arbitration 2 Bypassed |
$3,666,667 |
$9,107,785 |
|
| Total |
$9,107,785 |
$9,107,785 |
||||
| 2025 | 31 |
|
Active /
Arbitration 3 Bypassed |
$3,666,667 |
||
| 2026 | 32 |
|
Active / Club
|
$1,000,000 |
||
| Total |
$13,774,452 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 2 |
|
$74,600 | $100,000 | - | $174,600 |
| 6 |
|
$8,933,185 | - | - | $8,933,185 |
| Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|---|
| 2015 |
|
21 |
$100,000 |
$100,000 |
$100,000 |
||
| 2019 |
|
25 |
$92,504 $74,600
|
$92,504 $74,600 |
$192,504 $267,104 |
||
| 2020 |
|
26 |
$209,148
|
$209,148 |
$476,252 |
||
| 2021 |
|
27 |
$583,800
|
$583,800 |
$1,060,052 |
||
| 2022 |
|
28 |
$714,400
|
$714,400 |
$1,774,452 |
||
| 2023 |
|
29 |
$3,666,666
|
$3,666,666 |
$5,441,118 |
||
| 2024 |
|
30 |
$3,666,667
|
$3,666,667 |
$9,107,785 |
||
| Total |
$9,007,785 |
$100,000 |
$9,107,785 |
$9,107,785 |
|||
| 2025 |
|
31 |
$3,666,667
|
$3,666,667 |
|||
| 2026 |
|
32 |
$1,000,000
|
$1,000,000 |
|||
| Total |
$13,674,452 |
$100,000 |
$13,774,452 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 2 |
|
$74,600 | $100,000 | - | $174,600 |
| 6 |
|
$8,933,185 | - | - | $8,933,185 |
Injuries
| Year | Dates | Reason | |
|---|---|---|---|
| 2024 |
TB |
Aug 19, 2024 - Sep 29, 2024 | Back |
| 2024 |
TB |
Apr 19, 2024 - May 11, 2024 | Neck |
| 2023 |
TB |
May 29, 2023 - Jun 15, 2023 | Hip |
| 2023 |
TB |
May 03, 2023 - May 15, 2023 | Arm |
| 2022 |
TB |
Apr 04, 2022 - Jul 17, 2022 | Back |
| 2021 |
TB |
Jul 29, 2021 - Aug 27, 2021 | Shoulder |
| 2021 |
TB |
Apr 09, 2021 - May 05, 2021 | Shoulder |
-
Jan 27, 2023
Signed a 3 year $12 million contract extension with Tampa Bay (TB), including a $7M club option for 2026
-
Mar 01, 2022
Signed a 1 year $714,400 contract with Tampa Bay (TB)
-
Mar 01, 2021
Signed a 1 year $583,800 contract with Tampa Bay (TB)
-
Mar 05, 2020
Signed a 1 year $564,700 contract with Tampa Bay (TB)
-
Jul 13, 2019
Traded to Tampa Bay (TB) from Texas (TEX) for Nick Solak
-
Jun 12, 2015
Signed a contract with Texas (TEX)
-
Jun 09, 2015
Drafted by Texas (TEX): Round 9 (#258 overall)
| Year | Team | GP | GS | H | R | ER | BB | K | HR | W | L | SV | IP | ERA | WHIP | WAR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | TB | 46 | 0 | 36 | 20 | 18 | 17 | 44 | 4 | 3 | 3 | 23 | 45.3 | 3.57 | 1.17 | 0.81 |
| 2023 | TB | 46 | 0 | 26 | 14 | 13 | 20 | 68 | 3 | 2 | 4 | 25 | 45.3 | 2.58 | 1.02 | 1.47 |
| 2022 | TB | 24 | 0 | 13 | 3 | 3 | 3 | 38 | 1 | 0 | 0 | 8 | 24.0 | 1.13 | 0.67 | 1.30 |
| 2021 | TB | 47 | 0 | 40 | 22 | 17 | 21 | 56 | 2 | 3 | 6 | 5 | 42.7 | 3.59 | 1.43 | 0.13 |
| 2020 | TB | 27 | 2 | 23 | 9 | 8 | 14 | 39 | 2 | 6 | 3 | 0 | 26.7 | 2.70 | 1.39 | 0.52 |
| 2019 | TB | 21 | 0 | 25 | 20 | 16 | 10 | 28 | 5 | 2 | 3 | 2 | 21.0 | 6.86 | 1.67 | -0.26 |
