updated 10:16 a.m. ET Jan. 17, 2012
ARLINGTON, Texas - Right-hander Mark Lowe and the Texas Rangers have agreed to a $1.7 million, one-year contract, a raise of $500,000.
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.
The agreement was announced Tuesday.
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