Phillies sign Francisco Liriano and Neil Walker to minor league deals

Francisco Liriano
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Robert Murray and MLB.com’s Mark Feinsand reported earlier, respectively, that the Phillies signed pitcher Francisco Liriano and infielder Neil Walker to minor league contracts. If he makes the major league roster, Liriano will earn a salary of $1.5 million with an additional $1.25 million available through performance incentives. Walker’s contract information is not yet known.

Liriano, 36, struggled from 2016-18 but enjoyed a productive year out of the bullpen for the Pirates this past season. He posted a 3.47 ERA with 63 strikeouts and 35 walks over 70 innings. The lefty was quite effective against same-handed batters, limiting fellow lefties to a .659 OPS. That would figure to be a key component if Liriano makes the Phillies’ Opening Day roster.

Walker, 34, hit .261/.344/.395 with eight home runs and 38 RBI over 381 plate appearances with the Marlins last year. The veteran is versastile, having played first, second, and third base along with both corner outfield spots in recent seasons. Despite Walker’s versatility, it is tough to see room on the Phillies’ roster for him, barring injuries to other players. It never hurts to have depth.

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.