Jose Reyes is “probably losing $100,000 a day on the DL”

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We still have nearly two months left in the regular season, but one of the more interesting questions for the Hot Stove will be just how much Jose Reyes will make in free agency given that he has already had two stints on the disabled list this season with a strained left hamstring.

Perception could quickly change if Reyes is able to repeat his month of June in September, of course, but one Mets player told David Lennon of New York Newsday on Monday that “he’s probably losing $100,000 a day on the DL.”

Assuming Reyes spends a similar amount of time on the disabled list as his initial hamstring issue, that means he would stand to lose a little over $3 million total. And that may be kind. While we were having debates a couple of months ago about whether Reyes was worth Carl Crawford money (seven years, $142 million), there’s now a good chance that he will lose a guaranteed year.

Meanwhile, Reyes’ lead agent, Peter Greenberg, is already doing his best to deflect the speedy shortstop’s reputation as an injury-prone player.

“He’s not Cal Ripken,” Greenberg said, “but I think he’s been a lot healthier than a lot of people give him credit for. When he’s out of the lineup, obviously the team misses him, so it gets blown out of proportion because he is so important to the team. I think if you look over the course of time and compare him to a lot of players, he’s as healthy or healthier than a lot of players in the league.”

Reyes dealt with leg problems in the early part of his career, but he played at least 153 games from 2005 to 2008. However, he has appeared in just 267 games since the start of the 2009. Despite that, he is tied for sixth among MLB shortstops since 2009 in FanGraphs War (fWAR). You can bet that many teams will do a careful evaluation of whether Reyes’ production when he is on the field will be worth projected absences due to injury, especially as he makes his way into his 30s.

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

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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.