Pete Fairbanks

Miami Marlins, Relief Pitcher
Age: 32y-2m-21d (Dec 16, 1993)
Exp: 6.057 Years
Country: US
College: Missouri
Drafted: Round 9 (#258 overall), 2015
Agent(s): Republik Sports
2026 Payroll Salary

$13,000,000

2026 Cash

$13,000,000

Career Earnings

$14,074,450

2026-2026 Free Agent (CURRENT)

Pete Fairbanks signed a 1 year, $13,000,000 contract with the Miami Marlins, including $1,000,000 signing bonus, $13,000,000 guaranteed, and an average annual salary of $13,000,000. In 2026, Fairbanks will earn a base salary of $12,000,000 and a signing bonus of $1,000,000, while carrying a total salary of $13,000,000.
Contract Terms:
1 yr(s) / $13,000,000
Average Salary:
$13,000,000
Signing Bonus:
$1,000,000
Free Agent:
2027 / UFA
YOS @ Signing:
6.057
Year Age YOS PayrollAnnual Luxury Tax Tax % League Tax Cash Annual Cash Cumulative
2026 32 6.057 $13,000,000 $13,000,000 5.33% $13,000,000 $13,000,000
2027 33 -
UFA
Year Age Service Base Salary Signing Proration Incentives Likely Incentives Unlikely Trade Bonus Payroll Salary Luxury Tax
2026 32 6.057 $12,000,000 $1,000,000 - - $500,000 $13,000,000 $13,000,000
2027 33 --
UFA
Year Age Base Salary Signing Bonus Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2026 32 $12,000,000 $1,000,000 $13,000,000 $13,000,000 $13,000,000 $13,000,000 $13,000,000
Contract Notes
  • Trade Assignment Bonus: $500k
  • Performance Incentives: $1M total
    Pitching Appearances:
    30:  $100k
    40:  $200k
    50:  $300k
    60:  $400k

Source: MLB contract specifics generally collected from verified reports.

2023-2026 Arbitration Extension

Contract Terms:
3 yr(s) / $12,000,000
Average Salary:
$4,000,000
Signing Bonus:
N/A
Free Agent:
2027 / UFA
YOS @ Signing:
3.057
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2022-2022 Pre-Arbitration

Contract Terms:
1 yr(s) / $714,400
Average Salary:
$714,400
Signing Bonus:
N/A
YOS @ Signing:
2.057
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2021-2021 Pre-Arbitration

Contract Terms:
1 yr(s) / $583,800
Average Salary:
$583,800
Signing Bonus:
N/A
YOS @ Signing:
1.057
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2020-2020 Pre-Arbitration

Contract Terms:
1 yr(s) / $564,700
Average Salary:
$564,700
Signing Bonus:
N/A
YOS @ Signing:
0.057
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2019-2019 Pre-Arbitration

Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
YOS @ Signing:
0
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2015-2015 Signing Bonus

Contract Terms:
1 yr(s) / $100,000
Average Salary:
$100,000
Signing Bonus:
N/A
YOS @ Signing:
0
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Seasons

6.057 Years

Career Earnings thru 2026

$14,174,450

Earnings w/ Different Teams

2 teams

Earnings Per Year

Year Age Team(s) Service Status Cash Total Cash Cumulative Awards
2015 21
-
Signing Bonus
Signing Bonus
$100,000
$100,000
$100,000
$200,000
2019 25
0
Active
Retained
$92,504
$74,600
$292,504
$367,104
2020 26
0.057
Active
$209,148
$576,252
2021 27
1.057
Active
$583,800
$1,160,052
2022 28
2.057
Active
$714,400
$1,874,452
2023 29
3.057
Active / arbitration-avoided-numbers-exchanged
$3,666,666
$5,541,118
2024 30
4.057
Injured / Arbitration 2 Bypassed
$3,816,666
$9,357,784
2025 31
5.057
Active / Arbitration 3 Bypassed
Buyout
$3,816,666
$1,000,000
$13,174,450
$14,174,450
Total      
$14,174,450
$13,174,450
$14,174,450
2026 32
6.057
Active
$13,000,000
Total
$27,174,450

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $74,600 $200,000 - $274,600
7 $13,899,850 - - $13,899,850
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2015
21
$100,000
$100,000
$100,000
$100,000
$100,000
$200,000
2019
25
$92,504
$74,600
$92,504
$74,600
$292,504
$367,104
2020
26
$209,148
$209,148
$576,252
2021
27
$583,800
$583,800
$1,160,052
2022
28
$714,400
$714,400
$1,874,452
2023
29
$3,666,666
$3,666,666
$5,541,118
2024
30
$3,816,666
$3,816,666
$9,357,784
2025
31
$3,816,666
$1,000,000
$3,816,666
$1,000,000
$13,174,450
$14,174,450
Total
$13,974,450
$200,000
$14,174,450
$13,174,450
$14,174,450
2026
32
$12,000,000
$1,000,000
$13,000,000
Total
$25,974,450
$1,200,000
$27,174,450

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $74,600 $200,000 - $274,600
7 $13,899,850 - - $13,899,850

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
  • Dec 24, 2025 Signed a 1 year $13 million contract with Miami (MIA)
  • Nov 06, 2025 Tampa Bay (TB) declined a $12.5 million club option for 2026
  • 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
2025 TB 61 0 45 22 19 18 59 7 4 5 27 60.3 2.83 1.04 1.21
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 -0.66

Calculated Market Value

$14.6M Avg. Annual Salary

Market Value

  • 3 years, $43,886,175
  • Avg. Salary: $14,628,725
  • MLB Rank: 121
  • RP Rank: 6

Current Contract

  • Free Agent: 2027
  • Avg. Salary: $13,000,000
  • MLB Rank: 133
  • RP Rank: 9

Comparable Players

We've selected the following players based on their age, contract status, and statistical production to compare Pete Fairbanks to.

Player Length Value Avg. Salary Age When Signed
Josh Hader 5 $95,000,000 $19,000,000 29
Devin Williams 3 $51,000,000 $17,000,000 31
Raisel Iglesias 4 $58,000,000 $14,500,000 31
Edwin Diaz 5 $102,000,000 $20,400,000 28
Averages 4 $76,500,000 $17,725,000 29.8

Base Calculated Value

After adjusting the above contracts as if signed at Fairbanks's current age (32), a linear regression is performed, providing us with the following initial value.

Length Value Avg. Salary
3 $50,336,841 $16,778,947

Statistical Comparisons

Now we'll compare our variables and Fairbanks statistically over the two seasons prior to their signing. In this case we're analyzing: GP/Yr, SV, ERA, WHIP, K/9, BB/9, FIP, WAR

Player GP/Yr SV ERA WHIP K/9 BB/9 FIP WAR
Josh Hader
2022-2023
 57.00 0.61 3.25 1.19 14.08 4.28 3.07 0.84
Devin Williams
2024-2025
 44.50 0.36 3.02 1.05 14.42 4.10 2.37 0.82
Raisel Iglesias
2020-2021
 43.50 0.48 2.66 0.92 12.68 1.75 2.34 2.36
Edwin Diaz
2021-2022
 62.00 0.52 2.38 0.95 14.95 2.96 1.69 2.32
Average 51.75 0.49 2.83 1.03 14.03 3.27 2.37 1.59
Pete Fairbanks
2024-2025
 53.50 0.47 3.20 1.11 8.77 3.04 3.56 1.28
Pct Change 3.38 -4.08 -13.07 -7.77 -37.49 7.03 -50.21 -19.50
Median Prime % Change -10.42%
Average Prime % Change -15.21%

Calculated Market Value: Pete Fairbanks

After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

Terms Avg. Salary
3 years, $43,886,175 $14,628,725
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