Jered Weaver announces his retirement

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Jered Weaver, a 12-year big league veteran and a three-time All-Star, has announced his retirement.

Weaver was struggling mightily with the Padres this year, going 0-5 in nine starts and posting a 7.44 ERA,, a 2.6 BB/9 and 4.9 K/9 ratio over 42.1 innings. He hadn’t posted a sub-4.00 ERA since 2014 and his velocity had, quite famously, sunk into the low 80s and even high 70s at times in recent seasons. A spate of physical setbacks contributed to that, with a hip inflammation ailing him this season and nerve issues in his neck and back afflicting him for the past few years.

But even if his recent seasons have been less-than-memorable, it’s worth remembering that he was, for a time, one of baseball’s best pitchers. He posted a record of 131-69 with a 3.28 ERA in his first 9 seasons, leading the American League in strikeouts in 2010 and leading the circuit in wins in 2012 and 2014. He likewise led the league in WHIP and hits allowed per nine innings in 2012.

He finishes his career with a record of 150-98, an ERA of 3.63 (ERA+ of 111) and a K/BB ratio of 1,621/551 in 2,067.1 innings. He pitched in four American League Division Series and the 2009 ALCS, posting a 2.67 ERA in seven playoff games pitched.

Happy trails, Jered. A first-ballot induction into the Hall of He Was Really Dang Good, Even if We Forgot About It For A While is in your future.

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

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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.