Rays sign reliever Mark Lowe to minor league contract

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The Rays have their latest reclamation project, as ESPN’s Jerry Crasnick reports that the club has signed reliever Mark Lowe to a minor league contract. The deal includes an invitation to spring training.

Lowe, 30, posted a 9.26 ERA over 11 appearances with the Angels this season before he was given his release his June. He latched on with the Nationals from there, but pitched exclusively with Triple-A Syracuse before he opted out of his contract after being passed over for a September call-up.

Lowe compiled a 3.60 ERA over 177 appearances between the Mariners and Rangers from 2009-2012, so there’s rebound potential here. The Rays have earned the benefit of the doubt at this point, so it would probably be more surprising if he didn’t end up being a contributor in 2014.

Marlins designate Derek Dietrich for assignment

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The Marlins designated utilityman Derek Dietrich for assignment, Clark Spencer of the Miami Herald reports. This comes amid a flurry of moves on Tuesday night as teams prepare their rosters ahead of the Rule 5 draft next month.

Dietrich, 29, is coming off another strong season in which he hit .265/.330/.421 with 16 home runs, 45 RBI, and 72 runs scored in 551 plate appearances. He played all over the diamond, spending most of his time in left field and at first base. Dietrich also played some second base, third base, and right field.

Dietrich is entering his third of four years of arbitration eligibility. He earned $2.9 million this past season and MLB Trade Rumors projects him to earn $4.8 million in 2019. Cutting Dietrich represents a bit more than 4 million in savings for the rebuilding and perennially small-market Marlins. Dietrich should draw some interest, so the Marlins could end up trading him rather soon.

Wonder how J.T. Realmuto, now the longest-tenured Marlin, is feeling right about now.