Lowe and Rangers agree to $1.7 million deal
Right-hander Mark Lowe and the Texas Rangers have agreed to a $1.7 million, one-year contract, a raise of $500,000.
The Rangers on Tuesday also said they had agreed to a one-year deal with outfielder David Murphy worth $3.625 million, a substantial raise from the $2.4 million he made last year.
Murphy batted .275 with 11 homers and 46 RBI in 120 games with the Rangers in 2011. He hit .358 in his final 32 games.
Lowe, who avoided salary arbitration, was 2-3 with a 3.80 ERA and one save in 52 games for the AL champions last season. He is 7-18 with a 4.03 ERA in parts of six major league seasons with the Rangers and Seattle. Texas acquired him from the Mariners in July 2010.