ST. PETERSBURG, Fla. (AP) — The Tampa Bay Rays declined an $11 million option on Pete Fairbanks, allowing their closer to become a free agent, while exercising an $11.5 million option Thursday on Brandon Lowe.
Fairbanks, a right-hander who turns 32 next month, gets a $1 million buyout.
He was 4-5 with a 2.83 ERA and 27 saves in 32 chances this year and has 75 saves over the past three seasons. Fairbanks agreed to a $12 million, three-year contract ahead of the 2023 season.
Lowe, a 31-year-old second baseman and first baseman, hit .256 with 31 homers and 83 RBIs this year.
He agreed in 2019 to a $24 million, six-year contract that included a $10.5 million option for 2025 that was exercised. Lowe would have received a $500,000 buyout if the option had been declined.
In addition, the Rays exercised a $2.45 million option on infielder Taylor Walls, who had a $50,000 buyout as part of the deal, which paid a $1.35 million salary this year. The Rays added a $3.1 million club option for 2027.
AP MLB: https://apnews.com/hub/mlb
Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
Only subscribers can view and post comments on articles.
Already a subscriber? Login Here
Much Ado About Nothing: A Modern Verse Translation, tells the timeless and hilarious story o… Read moreMills High School Much Ado About Nothing: A Modern Translation
Join us to meet Simi Monheit, the author of The Goldie Standard, and the 2024 Winner of the … Read moreMeet the Award-Winning Author of The Goldie Standard
All SMUHSD, staff, parents, and community members are invited to a panel discussion on dam r… Read moreWater is Life: Victories and Challenges in Water Equity in an Age of Climate Change
Dirk van Ulden said:
JustMike650 said:
guest39e3ec25a9038cca03053dfc said:
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.