On last night’s Hot Stove Live, the MLB Network’s Jon Heyman reported that free agent pitcher Derek Lowe has rejected the New York Mets’ three-year, $36 million offer, and is still holding out for a $16 million annual salary. While it’s unknown if the Mets are willing to give $48 million over three years, Heyman did say the Mets’ biggest threat for Lowe are the Phillies and the Atlanta Braves, while the Boston Red Sox and a “mystery team” also remain in contention.

After adding Brad Penny, the Red Sox’ rotation seems full.  As for the “mystery team,” anytime you deal with Scott Boras (Lowe’s agent), there’s always a “mystery team” involved, even if it’s non-existent.  Outside of the Milwaukee Brewers or St. Louis Cardinals, I cannot see any other “mystery team” in play.  Odds are Lowe will be pitching for a National League East team.

Hot Stove Take: While I’m not sure if $16 million a year is in the Phillies’ budget, I would love this move.  Lowe’s sinkerball is an ideal fit at Citizens Bank Park and it also gives some stability to the rotation should Brett Myers stumble. Adding Lowe would put the Phillies over-the-top in the National League East.