Lowe, 38, is still owed $15 million on his contract which expires after next season, but the Braves have reportedly agreed to pay $10 million dollars on the contract. Last season, Lowe started 34 games and had a 9-17 record with a 5.05 ERA and 137 strikeouts in 187 innings.
After beginning his career with the Seattle Mariners in 1997 at age 24, Lowe was traded to the Boston Red Sox along with Jason Varitek in exchange for Heathcliff Slocumb on July 31, 1997. Lowe pitched in Boston for eight seasons from 1997 through 2004, winning one World Series title. Lowe was 70-55 with a 3.72 ERA and 673 strikeouts in 384 games.