Heyman looks at this year's free agent class

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Jon Heyman’s latest column has him talking to some agents and executives and people in an effort to handicap this winter’s free agent class. Some tidbits:

  • Carl Crawford will sign for $120 million over seven years, according to Heyman’s panel. I can see this, actually. Not saying it’s the best deal for any team — seven years is forever for a fast guy — but I can see someone paying it.
  • “One agent” predicted that Derrek Lee would get $24 million over two years. In other news, “one agent” is smokin’ peyote or something.
  • The Phillies apparently offered Jayson Werth a Jason Bay deal, but it was rejected (this before he hired Boras). Heyman’s sources — who, in a refreshing bit of disclosure he makes clear did not include Scott Boras — think that Werth will get $85-$95 million.  Again, I could see it.

What I see animating the free agent season the most? At least at the top end? The fact that, in my mind, the Yankees aren’t going to be terribly interested in either Crawford or Werth. At least not to where they’ll set the market for them in the way they’ve done in the past. I could see them swooping in late if the market flags, but I think they’ll be more interested in Cliff Lee and various spare parts, and leave the outfielders for someone else.

RHP Fairbanks, Rays agree to 3-year, $12 million contract

tampa bay rays
Dave Nelson/USA TODAY Sports
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ST. PETERSBURG, Fla. — Reliever Pete Fairbanks and the Tampa Bay Rays avoided arbitration when they agreed Friday to a three-year, $12 million contract that could be worth up to $24.6 million over four seasons.

The deal includes salaries of $3,666,666 this year and $3,666,667 in each of the next two seasons. The Rays have a $7 million option for 2026 with a $1 million buyout.

His 2024 and 2025 salaries could increase by $300,000 each based on games finished in the previous season: $150,000 each for 35 and 40.

Tampa Bay’s option price could increase by up to $6 million, including $4 million for appearances: $1 million each for 60 and 70 in 2025; $500,000 for 125 from 2023-25 and $1 million each for 135, 150 and 165 from 2023-25. The option price could increase by $2 million for games finished in 2025: $500,000 each for 25, 30, 35 and 40.

Fairbanks also has a $500,000 award bonus for winning the Hoffman/Rivera reliever of the year award and $200,000 for finishing second or third.

The 29-year-old right-hander is 11-10 with a 2.98 ERA and 15 saves in 111 appearances, with all but two of the outings coming out of the bullpen since being acquired by the Rays from the Texas Rangers in July 2019.

Fairbanks was 0-0 with a 1.13 ERA in 24 appearances last year after beginning the season on the 60-day injured list with a right lat strain.

Fairbanks made his 2022 debut on July 17 and tied for the team lead with eight saves despite being sidelined more than three months. In addition, he is 0-0 with a 3.60 ERA in 12 career postseason appearances, all with Tampa Bay.

He had asked for a raise from $714,400 to $1.9 million when proposed arbitration salaries were exchanged Jan. 13, and the Rays had offered for $1.5 million.

Fairbanks’ agreement was announced two days after left-hander Jeffrey Springs agreed to a $31 million, four-year contract with Tampa Bay that could be worth $65.75 million over five seasons.

Tampa Bay remains scheduled for hearings with right-handers Jason Adam and Ryan Thompson, left-hander Colin Poche, third baseman Yandy Diaz and outfielder Harold Ramirez.