Michael Pineda shut down after feeling lingering shoulder weakness

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Bad news for the Bombers.

Michael Pineda threw as scheduled today in extended spring training, but Joel Sherman of the New York Post reports that he was shut down after feeling lingering weakness in his right shoulder.

The hope was that Pineda would begin an official minor league rehab assignment if things went well today, but any such plans have been put on hold. The 23-year-old right-hander underwent an MRI at the end of March which showed only tendinitis and no structural damage, but he’ll now be sent back to a doctor to see if anything is more seriously wrong.

It’s way too soon to call the Montero-for-Pineda deal a bust for the Yankees — we’ll need years to make a proper judgment on this one — but it’s a good thing they added Andy Pettitte as an insurance policy for their starting rotation. It sure doesn’t sound like Pineda will be a factor anytime soon.

UPDATE: Yankees general manager Brian Cashman told Mark Feinsand of the New York Daily News that Pineda will return to New York on Monday to be examined by team physician Dr. Chris Ahmad. He’s expected to undergo a dye-contrast MRI to see if they missed anything in the initial exam last month.

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.