Orioles avoid arbitration with Alexi Casilla, Steve Pearce and Taylor Teagarden

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UPDATE: Dan Connolly of the Baltimore Sun reports that Casilla got a one-year, $1.7 million deal with a $3 million club option for 2014. The O’s could buy out the option for $200,000.

7:52 PM: Eddie A. Encina of the Baltimore Sun reports that the Orioles have avoided arbitration with infielder Alexi Casilla, utility man Steve Pearce and catcher Taylor Teagarden. No word yet on the terms involved.

Casilla was claimed off waivers from the Twins earlier this month. The 28-year-old earned $1.325 million this past season while hitting .241/.282./.321 with one home run, 30 RBI, 21 stolen bases and a .603 OPS over 326 plate appearances. With Robert Andino now in Seattle, Casilla figures to be in the mix at second base next season along with Brian Roberts and Ryan Flaherty.

Pearce, who turns 30 in April, batted .239/.328/.377 with four home runs, 26 RBI and a .705 OPS over 159 plate appearances this season between the Orioles, Yankees and Astros. He was arbitration-eligible for the first time this winter and should contend for a bench spot during spring training.

Teagarden only appeared in 22 games with the Orioles this past season due to a nagging lower back injury, but had a knack for getting big hits in important situations, amassing nine RBI in just 64 plate appearances. He turns 29 next month and should be the backup to Matt Wieters in 2013.

The Orioles also acquired minor league infielder Yamaico Navarro from the Pirates for minor league right-hander Jhondaniel Medina and designated right-hander Stu Pomeranz for assignment.

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.