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The Rays declined Fairbanks' $11 million club option for 2026 on Thursday, Jeff Passan of ESPN.com reports. Fairbanks will instead receive a $1 million buyout from the Rays and look to the free-agent market for his next opportunity. The 31-year-old right-hander delivered one of the best seasons of his career in 2025, finishing the regular season with a 2.83 ERA and 1.04 WHIP through 60.1 innings while collecting a career-high 27 saves. His reliability in high-leverage situations should attract plenty of interest in free agency.
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Fairbanks earned the save in Wednesday's 2-1 win over the Blue Jays, striking out one in a perfect ninth inning. Called upon to protect a one-run lead, the right-hander locked down his 27th save of the season with ease, continuing his bounce-back form after a rocky stretch in which he allowed six earned runs over seven appearances. Since then, Fairbanks has gone four straight outings without allowing a hit, converting three saves in that span. The 31-year-old now sports a 2.98 ERA, 1.10 WHIP and 58:18 K:BB across 57.1 innings this season.
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Fairbanks earned a save against the Cubs on Saturday, issuing two walks and striking out two batters over a scoreless and hitless ninth inning. Fairbanks inherited a one-run lead when he entered in the ninth inning and immediately got into trouble when he walked the first two batters he faced. The right-hander unleashed a wild pitch on the second free pass, putting the tying run on third base with nobody out. However, Fairbanks was able to recover by inducing a fielder's choice groundout followed by two punchouts. Though he's successfully converted each of his past four save chances, Fairbanks has been a bit unsteady of late, allowing three runs on eight hits and three walks while striking out six batters across his past six appearances spanning six innings.
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Fairbanks picked up the save Tuesday against the White Sox, throwing a perfect ninth inning. He did not record a strikekout. Fairbanks snapped a streak of five consecutive outings allowing at least one hit. During that stretch, he surrendered four runs on nine hits, including three home runs, with eight strikeouts across five innings. Wednesday's save was Fairbanks' 25th of the campaign, tying his most saves in a season during his seven-year career. He has a 3.15 ERA in 54.1 innings this season.
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Fairbanks (4-5) allowed one earned run on two hits and one walk while striking out one across one inning to take the loss Saturday against the Guardians. Fairbanks entered the game in the ninth inning with the score tied 2-2. He allowed the first two batters he faced to reach base, which was enough for the Guardians to push across one run. While Fairbanks wasn't hit particularly hard, he has a 4.15 ERA since the All-Star break, allowing at least one earned run in six of his last 17 appearances.
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Stats
| Year | Team | APP | GS | INN | W | L | S | K | BBI | HA | ERA | WHIP |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | TB | 61 | 0 | 60.3 | 4 | 5 | 27 | 59 | 18 | 45 | 2.83 | 1.04 |
| 2024 | TB | 46 | 0 | 45.3 | 3 | 3 | 23 | 44 | 17 | 36 | 3.57 | 1.16 |
Last 7 Games
| DATE | Opp | W | L | S | INN | HA | ERA | BBI | K | WHIP |
|---|---|---|---|---|---|---|---|---|---|---|
| 9/27 | @  |
- | - | - | 1.0 | 0 | 0.00 | 0 | 1 | 0.00 |
| 9/24 | @  |
- | - | - | 1.0 | 0 | 0.00 | 0 | 0 | 0.00 |
| 9/21 | vs  |
- | - | - | 1.0 | 0 | 0.00 | 0 | 0 | 0.00 |
| 9/17 | vs |
- | - | 1 | 1.0 | 0 | 0.00 | 0 | 1 | 0.00 |
| 9/15 | vs |
- | - | - | 1.0 | 0 | 0.00 | 0 | 0 | 0.00 |
| 9/13 | @  |
- | - | 1 | 1.0 | 0 | 0.00 | 2 | 2 | 2.00 |
| 9/09 | @  |
- | - | 1 | 1.0 | 0 | 0.00 | 0 | 0 | 0.00 |
Upcoming Games
| date | Opp | time | Scheduled Starter |
|---|---|---|---|
| 3/26 | @  |
4:15 PM | Not Announced Yet |
| 3/28 | @ |
2:15 PM | Not Announced Yet |
| 3/29 | @ |
2:15 PM | Not Announced Yet |
| 3/30 | @  |
7:40 PM | Not Announced Yet |
| 3/31 | @ |
7:40 PM | Not Announced Yet |
| 4/01 | @ |
1:40 PM | Not Announced Yet |
| 4/03 | @  |
12:00 AM | Not Announced Yet |