Nationals sign Dan Haren to one-year, $13 million contract

46 Comments

Dan Haren has agreed to a one-year, $13 million contract with the Nationals, according to Ken Rosenthal of FOXSports.com.

Last month the Angels nearly traded Haren to the Cubs for Carlos Marmol and then, when that fell through, declined his $15.5 million option and paid him a $3.5 million buyout. In other words, Haren will actually end up being paid more than that $15.5 million option for 2013 because he’ll get the $3.5 million buyout and the $13 million from Washington.

Haren has long been one of MLB’s most underrated pitchers, posting a 3.48 ERA with fantastic strikeout-to-walk ratios from 2005-2011 and topping 200 innings every season. Back and hip problems in 2012 limited him to 177 innings and a 4.33 ERA that’s the worst of his career, but if healthy Haren could be a major bargain and the one-year deal lessens the Nationals’ risk.

Nationals general manager Mike Rizzo has made his intention to sign a veteran starting pitcher clear, which is why some people were surprised that Rizzo declined to make a qualifying offer to departing free agent Edwin Jackson. They would have been in line for a draft pick as compensation if Jackson signed elsewhere and if Jackson chose to accept the qualifying offer the Nationals would have been on the hook for a one-year, $13.5 million deal. Or basically the same contract they ended up giving Haren.

Washington’s rotation is now Stephen Strasburg, Gio Gonzalez, Jordan Zimmermann, Dan Haren, and Ross Detwiler. On the heels of acquiring Denard Span as the new center fielder/leadoff man Rizzo has had quite a productive past week or so.

RHP Fairbanks, Rays agree to 3-year, $12 million contract

tampa bay rays
Dave Nelson/USA TODAY Sports
0 Comments

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.