Phillies re-sign Carlos Ruiz to three-year contract

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General manager Ruben Amaro Jr. made it clear that the Phillies were prepared to move on to other catching options if Carlos Ruiz wanted to take his time making a decision, but that won’t be necessary as Ken Rosenthal of FOXSports.com reports that Ruiz is re-signing with Philadelphia.

Matt Gelb of the Philadelphia Inquirer reports that it’s a three-year, $26 million contract, which is the type of commitment not often made to soon-to-be 35-year-old catchers coming off down seasons.

Ruiz was heavily linked to the Rockies right away this offseason and reports last week had him being offered at least $20 million over two years by some team. Troy Renck of the Denver Post says that team wasn’t the Rockies, who apparently offered Ruiz a two-year, $15 million deal with a 2016 option.

Ruiz, who’s spent his entire eight-season career with the Phillies, sat out the first 25 games on suspension this year and then hit .268 with five homers and a .688 OPS for his worst production since 2008. He did, however, hit well during the final two months.

UPDATE: Gelb says the three-year deal also includes a fourth-year team option for 2017, when Ruiz will be 38 years old.

UPDATE #2: Ruiz’s contract includes $500,000 bonuses for each season if he starts 125 or more games at catcher. His career-high? 113.

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.