Report: Padres, Cameron Maybin have mutual interest in contract extension

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Tim Brown of Yahoo! Sports is hearing that there is “two-way sentiment” for a multi-year contract extension between the Padres and Cameron Maybin.

Maybin was acquired from the Marlins last November in exchange for relievers Ryan Webb and Edward Mujica. The 24-year-old has battled through some bumps and bruises this season, but has emerged as one of the better all-around center fielders in baseball, batting .275/.332/.400 to go along with eight home runs, 35 RBI, 34 stolen bases and a .731 OPS over 476 plate appearances. He has also played top notch defense.

By the way, entering play tonight, Marlins’ center fielders have combined to bat just .238/.312/.375 with a .687 OPS. To be fair, Maybin had underwhelmed since coming over to the Marlins in the Miguel Cabrera deal, but giving up a young, cost-controlled center fielder for two relievers could look pretty silly in the long run.

Maybin likely won’t be arbitration eligible until 2012 and remains under team control through 2015, so there’s no sense of urgency to get a deal done now, but the Padres will presumably want to buy out at least one free agent season. Corey Brock of MLB.com hears that there’s been some dialogue about an extension, but “nothing even the least bit close” right now.

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.