Royals undecided on Jonathan Broxton or Greg Holland as Joakim Soria closer replacement

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Regardless of whether Joakim Soria is able to rest and rehab his damaged ulnar collateral ligament or undergoes season-ending Tommy John surgery the Royals will need a new closer.

Free agent signing Jonathan Broxton is the obvious replacement because of his previous experience in the role, but Greg Holland was great as a rookie setup man last season and manager Ned Yost hasn’t decided yet who will get the nod to replace Soria.

Or at least that’s what Yost told Bob Dutton of the Kansas City Star:

They’ve both looked great this spring. We’ll give it time to play out. We could very well use both of them in that situation. I’ve got the confidence to use both of them. I think they both can handle it.

Managers often say they’re willing to use multiple pitchers in the closer role, but rarely do they actually go through with those plans for more than a few save opportunities.

Kansas City paid $4 million to see if Broxton can rediscover his once-dominant raw stuff and pitching coach Dave Eiland told Dutton that the former Dodgers closer has been very impressive while throwing in the mid-90s. Of course, Holland was dominant last year, logging 60 innings with a 1.80 ERA and 74/19 K/BB ratio while averaging 94.9 miles per hour with his fastball.

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.