10:20pm: Newsday’s Ken Davidoff learned tonight that the Mets "do not intend to raise their three-year, $36MM offer to [Lowe] at this time." The Mets don’t feel that they have serious competition for Lowe, for some reason. Oliver Perez and Randy Wolf remain the alternatives.
8:28am: According to Kat O’Brien of Newsday, "negotiations are expected to heat up for righthander Derek Lowe" this week for the Mets, who reportedly offered three years and $36MM (though Scott Boras indicated yesterday the proposal was never made). Jon Heyman said recently that Lowe didn’t take this offer seriously; he’s aiming for a $16MM salary. Heyman named the Phillies, Braves, Red Sox, Brewers, and Angels as possible suitors, with the last three more on the speculative side.