Tigers bring back LHP Matthew Boyd with 1-year, $10M deal

Steven Bisig/USA TODAY Sports

DETROIT — The Detroit Tigers are bringing back left-hander Matthew Boyd on a one-year contract.

The Tigers announced Wednesday that they agreed to terms with the 31-year-old Boyd, who pitched in Detroit from 2015-21.

“I feel like there’s some unfinished business here,” Boyd said.

He can earn an additional $1 million in performance bonuses for starts: $250,000 each for 20, 22, 24 and 26.

Boyd was 2-0 with a 1.35 ERA with 13 strikeouts in 10 games last season and pitched in a playoff game for Seattle. He was acquired by his hometown Mariners from the San Francisco at the trade deadline.

“My best baseball is ahead of me,” he said.

The Giants, led by current Tigers general manger Scott Harris, signed Boyd last March to a $5.2 million, one-year deal as he recovered from surgery on a tendon in his left arm. His recovery was shut down in June after a setback, but he resumed throwing and was later traded to Seattle.

Toronto drafted Boyd in 2013 from Oregon State in the sixth round and dealt him to Detroit in 2015 as part of a trade for lefty David Price.

Boyd was 37-60 with a 4.87 ERA in 143 starts with the Tigers. He broke a franchise record with 11.56 strikeouts per nine innings in 2019.

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

tampa bay rays
Dave Nelson/USA TODAY Sports

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.