Pete Fairbanks is an accomplished MLB pitcher who has made notable contributions to the Texas Rangers and Tampa Bay Rays. He developed his skills at the University of Florida before being drafted in 2015. Fairbanks has recorded 295 strikeouts with a career ERA of 3.17, and in the 2025 season, he showcases an impressive 2.05 ERA and 10 saves. His emerging marketability and evolving performance hint at exciting developments ahead.
Early Life
Pete Fairbanks developed a passion for baseball from a young age, participating in diverse youth leagues that helped hone his skills and nurtured his love for the game.
His dedication and talent led him to the University of Florida, where he played for the Florida Gators and excelled as a pitcher.
This experience was instrumental in shaping his future career in professional baseball, ultimately paving the way for his selection by the Texas Rangers in the 9th round of the 2015 MLB June Amateur Draft.
Family Life
Pete Fairbanks comes from a supportive family that has played a vital role in his baseball path. He often credits his parents, who encouraged his athletic pursuits from a young age, for their steadfast support throughout his career, especially during challenging times like injuries and trades.
Fairbanks maintains a close relationship with his family, including his parents and siblings, who regularly attend his games to cheer him on and celebrate his milestones. This strong family bond reflects the values he holds dear, which are apparent in his approach to teamwork and community engagement.
Fairbanks actively participates in charitable events and initiatives, demonstrating his commitment to giving back to the community.
Career
Pete Fairbanks was drafted by the Texas Rangers in the 9th round of the 2015 MLB June Amateur Draft and made his MLB debut on June 9, 2019, against the Oakland Athletics.
Throughout his career, he has played for the Texas Rangers and the Tampa Bay Rays, where he has recorded a notable 295 strikeouts over 227 innings pitched, demonstrating his skills as a relief pitcher with a career ERA of 3.17.
In the 2025 season, Fairbanks has excelled with an impressive 2.05 ERA and has successfully secured 10 saves.
His current contract extends through 2025, with a team option for 2026, and he is earning a salary of $3,666,667 for the 2023 season.
Net Worth
Pete Fairbanks has an estimated net worth of approximately $5 million, markedly influenced by his successful MLB career.
For the 2023 season, he is earning a salary of $3,666,667 as part of his three-year contract worth $12 million. Throughout his career, he has drawn salaries including $1,000,000 in 2021, $1,500,000 in 2022, and $2,000,000 in 2024, contributing to his growing financial standing.
Furthermore, his total of 64 saves, ranking fifth in franchise history, improves his marketability and earning potential. As he continues to perform well and reach new milestones, his net worth is likely to increase in the future.