Marlins sign experienced closer Pete Fairbanks as major free‑agent move
The Miami Marlins signed veteran right‑handed closer Pete Fairbanks on Wednesday. The agreement is a one‑year contract worth $13 million. Fairbanks had recorded 25 saves in the previous season with the Kansas City Royals.
The deal is contingent on Fairbanks passing a physical examination. Team officials noted that the physical is a standard procedure for new acquisitions.
Under the terms, Fairbanks will become the team’s second‑highest salary holder. Sandy Alcantara leads the roster in earnings. Fairbanks’ experience includes multiple All‑Star selections.
The signing provides the Marlins with one of the most reliable closers available. It marks the franchise’s first major free‑agent acquisition in two years.
Official confirmation remains subject to the outcome of the physical assessment. The contract stands until the medical clearance is received.