Rockies discussed minor league contract with Derek Lowe

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Troy Renck of the Denver Post reports that the Rockies spoke recently to the representatives for free agent right-hander Derek Lowe. But the Colorado front office is only interested in signing the veteran starter to a minor league deal and Lowe is currently holding out for something a little more lucrative.

Lowe posted a 5.11 ERA and 1.62 WHIP in 142 2/3 frames last year between the Indians and Yankees, recording only 55 strikeouts and issuing 51 walks.

The 39-year-old recently finished up a four-year, $60 million contract that paid him $15 million in 2012. He has earned $110.4 million in his 16-year career.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.