UPDATE: Hiroki Kuroda is “considering all options”

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UPDATE: With the Dodgers off the table, Ken Rosenthal of FOXSports.com was told by a source that Hiroki Kuroda is now “considering all options,” including offers from major-league teams regardless of location as well an offer to return home to pitch for the Hiroshima Carp. For what it’s worth, the expectation is that he could earn more with a major-league club than in Japan.

11:40 AM: The Dodgers signed left-hander Chris Capuano to a two-year, $10 million contract yesterday, which effectively signified as a goodbye to Hiroki Kuroda. Many believe that the veteran right-hander would rather go back to Japan than pitch for another team in the United States, but that hasn’t stopped other MLB teams from expressing interest.

Troy Renck of the Denver Post reports that the Rockies “have quietly pursued” Kuroda and believe they may have a decent chance of signing him based on “preliminary conversations.” However, it’s not clear whether they have had any direct talks with Kuroda’s agent.

Kuroda, who turns 37 in February, lost 16 games for a lousy Dodgers team this season, but posted a 3.07 ERA and 161/49 K/BB ratio over 202 innings. He has a 3.45 ERA since coming over to the United States in 2008, which is better than fellow National League hurlers Roy Oswalt, Yovani Gallardo, Ted Lilly and Chad Billingsley. There aren’t many quality free agent starting pitchers available this winter, so he could fetch a pretty nice contract if he elects to stick around.

The Rockies are no longer in the running for Oswalt, but also remain interested in Kevin Millwood and Jeff Francis.

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.