Report: Terry Francona, Red Sox likely to part ways

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Stunning news tonight this morning out of Boston.

According to FOX Sports’ Ken Rosenthal, manager Terry Francona is expected to leave the Red Sox organization after a meeting Friday morning with upper management. Allow Rosenthal to explain:

While Francona’s departure is not certain, it is the likely outcome, in part because he is pressing for a resolution, sources say. He would not be fired; the Red Sox would simply decline their club options on him for 2012 and ’13.

Francona and Red Sox general manager Theo Epstein gave no indication that such a major move was coming during their season-wrapping press conference Thursday afternoon at Boston’s Fenway Park.

But something obviously sparked a change within the past several hours.

Perhaps Francona has his eyes on the White Sox’s vacancy. He did coach in their minor league system for five years, at one point serving as skipper to Michael Jordan during the NBA superstar’s short stint with the Birmingham Barons. Or maybe he’ll be swayed by the Nationals, who seem ready to spend big money.

Then again, maybe this wasn’t Francona’s call. “Red Sox Nation” has been seeking out a scapegoat since the club’s historic collapse went final Wednesday night in Baltimore. And the Boston media has egged that blame game on since the middle of this month. It seems insane to give up on a manager who has played a role in securing two World Series titles in the past eight years. And it’s especially insane for a franchise like the Red Sox, who hadn’t won anything since 1918 before Francona stepped aboard. But these are insane times.

The Red Sox’ sad and frustrating September collapse just shifted gears into the realm of tragedy.

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UPDATE, 12:57am: According to White Sox beat writer Daryl Van Schouwen of the Chicago Sun-Times, it’s Francona who wants out. “He has had his fill of the whole thing,’’ a source told the paper.

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.