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Diamondbacks in Talks With Free-Agent Closer Pete Fairbanks

Arizona faces a costly bullpen fix under a tighter budget.

Overview

  • Multiple reports say Arizona has engaged Pete Fairbanks in discussions as it prioritizes relief help this offseason.
  • The Rays declined Fairbanks’ $11 million 2026 option in favor of a $1 million buyout, sending the right-hander to free agency.
  • Industry reporting indicates Fairbanks could seek a contract in the range of Ryan Helsley’s two-year, $28 million deal.
  • The Diamondbacks’ bullpen posted a 4.82 ERA in 2025 and lost expected late-inning arms A.J. Puk and Justin Martínez to UCL surgery.
  • Team evaluators are weighing free-agent spending against trades, with top prospect Jordan Lawlar mentioned as a potential chip.