12:20pm: MLB.com's Marty Noble writes:
The possibility of the Mets signing a lesser alternative isn't precluded, but the club is unlikely to act on picking up another starter until it's satisfied it has done all that is possible -- and financially feasible -- to bring in Lowe.
Noble says the Mets sense Lowe's price tag is $16-17MM per year.
8:37am: Ken Davidoff of Newsday lays out the Mets' plans for their starting rotation.
For Oliver Perez's slot, the Mets want to either re-sign Perez or sign Derek Lowe. Randy Wolf, Jon Garland, and possibly Tim Redding are the backup plans to these two.
The fifth starter job has sparked an internal debate - it could be given to Jon Niese, or the Mets could bring in competition with pitchers like Bartolo Colon, Freddy Garcia, or Eric Milton. This decision will not be made this month.
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