The Rays continue to work towards both rewarding and securing their core players. Pete Fairbanks and the Rays today agreed to a 3-year contract extension, with a club option for a 4th year.
Reliever Pete Fairbanks and the Tampa Bay Rays are in agreement on a three-year, $12 million contract extension, sources tell ESPN. Deal includes a fourth-year club option and comes off a year in which Fairbanks finished with 22 scoreless IP.
— Jeff Passan (@JeffPassan) January 27, 2023
Per Marc Topkin, the deal could be as much as $24.