The Rays exercised Lowe's $10 million club option for 2025 on Friday, Marc Topkin of the Tampa Bay Times reports.
It's possible the Rays will look to trade Lowe as his salary escalates, but picking up the option was a fairly easy call. They also have an $11.5 million club option for 2026. Lowe slashed .244/.311/.473 with 21 home runs over 425 plate appearances for Tampa Bay this season.