Jack Curry of the New York Times is reporting today that the Mets made an offer to Derek Lowe. It’s no surpise that he’s the pitcher the Mets are after right now. Ben Sheets, Oliver Perez, and Randy Wolf are still available as free agents as well. But Lowe is the best starting pitcher on the market.
Curry reports that the offer is a 3-year/$36 million contract. Lowe will be 36 years old next season so it makes sense to keep the contract to three years or fewer.
Lowe is reported to be seeking a 5-year/$90 million contract. So the Mets are pretty far from Lowe’s desired deal. The Red Sox and Phillies are also reported to be interested in Lowe. But it’s difficult to tell how interested they are. The Red Sox just signed Brad Penny to a one year deal. So they may not go after another starter.
I’m completely on board with this signing, especially if Omar Minaya can keep the contract to just three years. I would even go to four years, but there’s no way that I’d go to five. Lowe is probably going to get closer to the $50 million range than the $90 million that he’s seeking.