Jon Heyman of CBS Sports reports that the Rangers are "talking to" free agent right-hander Derek Lowe. Lowe would presumably be in the running for the final spot in the Rangers' starting rotation if an agreement can be worked out. The 39-year-old right-hander posted a rough 5.11 ERA and 1.62 WHIP in 142 2/3 innings last season but Texas only needs a one- or two-month fill-in.

Derek Lowe told the Boston Globe that he's willing to pitch out of the bullpen this season. Lowe has been marketing himself strictly as a starter this offseason, but has struggled to attract interest in free agency, and recently turned down a minor league deal with the Rockies. While he's still holding out for a guaranteed contract, Lowe has finally realized that his only chance of signing with a team will be as a reliever. The 39-year-old has declined in each of the past two seasons and posted a 5.11 ERA and 1.62 WHIP in 142 2/3 innings between the Indians and Yankees in 2012.

According to Troy Renck of the Denver Post, the Rockies contacted free agent Derek Lowe recently to discuss the possibility of signing him to a minor league contract. Lowe told the Colorado front office that he is waiting for a major league contract offer, but perhaps he will grow restless once camp opens. The 39-year-old right-hander posted an ugly 5.11 ERA and 1.62 WHIP in 142 2/3 innings last season between the Indians and Yankees.

The Boston Globe's Nick Cafardo reports that Derek Lowe has heard from five teams, "all of which want him to be a swingman." Lowe has turned down the offers, though, as the 39-year-old wants to be guaranteed a spot in a rotation despite posting a 5.11 ERA and 1.62 WHIP in 142 2/3 innings this past season. "I've heard the same thing from everyone," Lowe said. "I want to be a starter and feel I have a lot left in being a regular starter in a rotation and making my 30-plus starts. I can still do that. It's frustrating to see other starters who have come off injuries get a shot, and I've never been hurt and can still help a team. I'm sure things will get going for me in January. I want to pitch. I'm nowhere near ready to retire."

Derek Lowe wants to find a starting gig this winter. "I would like to start again," the 39-year-old free agent told the New York Post. "I knew when I came here I was going to be a reliever. My first priority is to start." The 39-year-old righty posted a 5.11 ERA and 1.62 WHIP in 142 2/3 innings this season between the Indians and Yankees.

Derek Lowe tossed four scoreless innings in his Yankees' debut Monday against the Rangers. Lowe, who was officially added to the roster Monday, notched his first save since 2001 in the process. He gave up two hits while striking out four and walking none. The 39-year-old right-hander had an 5.52 ERA prior to being released by the Indians last week, so our expectations aren't all that high, but he'll provide some veteran depth out of the bullpen while CC Sabathia (elbow) is on the disabled list.

Marc Carig of the Newark Star-Ledger reports that the Yankees have acquired Derek Lowe. It makes a lot of sense for the Bombers, coming on the same day that CC Sabathia was placed on the disabled list. Lowe posted an 8-10 record and 5.52 ERA in 21 starts with the Indians before being released earlier this week. He should make his debut in pinstripes at some point soon.

Jon Heyman of CBSSports.com reports that free agent Derek Lowe is willing to start or relieve. Lowe has drawn some interest since being cut loose by the Indians last week, but he's yet to find the right fit. Being open to pitching out of the bullpen could attract a few more teams to him. Dan Connolly of the Baltimore Sun reported Thursday that Lowe is likely to sign with an NL club.

Dan Connolly of the Baltimore Sun writes that the "sense is" Derek Lowe may end up back in the National League. Lowe was designated by assignment by the Indians last week and can begin talking to teams directly if he is given his release as expected on Friday. For what it's worth, Connolly hears that the Giants are one possibility. The Orioles and Cubs have also been linked to the veteran right-hander while the Red Sox have decided to pass on a potential reunion.

The Boston Globe's Nick Cafardo reports the Red Sox have decided to pass on Derek Lowe. Cafardo suggests a reunion is still possible if Lowe passes through waivers, but it sounds like they won't trade anything of value for him. In addition to the Red Sox, the Orioles are expected to have some level of interest in the veteran right-hander.