Indians closer Chris Perez is a mess right now

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I wrote yesterday afternoon about how the Indians were sticking with Chris Perez as closer despite his struggles over the past two months. And then last night I went to the Twins-Indians game at Target Field and watched as Cleveland manager Terry Francona brought Perez into a 6-1 game in the ninth inning to get him some work following a blown save earlier this week.

I turned to the person next to me and predicted “Perez is definitely going to make this very interesting.” I also tried to get them to give me 20-to-1 odds on the Twins winning the game despite being down five runs with three outs to go, but apparently not everyone will gamble on everything.

Anyway, sure enough Perez coughed up four runs on four hits, including a homer, before being yanked with one out left to get and the gap closed to 6-5. Joe Smith came in and closed out the win, but Perez saw his ERA balloon to 4.33 and he’s now allowed 17 runs in 20.1 innings since August 1. Cleveland looks headed to the playoffs, but it’s hard to imagine the Indians making a run unless Perez turns things around or Francona changes his mind about the ninth inning.

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.