Indians Release Derek Lowe

The Indians announced that they released Derek Lowe. They designated the right-hander for assignment ten days ago and had until today to trade or release him.

Lowe is willing to start or relieve, Jon Heyman of reports (on Twitter). There's a sense that Lowe will return to the National League Dan Connolly of the Baltimore Sun reported yesterday. The Cubs aren't interested and the Red Sox will pass.

Lowe, 39, posted a 5.52 ERA with 3.1 K/9 and 3.4 BB/9 in 119 innings with Cleveland this year. He earns a $15MM salary, but the Braves and Indians are responsible for all but the pro-rated MLB minimum at this point.

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