The Rays exercised Lowe's $11.5 million option for 2026 on Thursday, Marc Topkin of the Tampa Bay Times reports.
Lowe will stay put after he slashed .256/.307/.477 with 31 home runs and 83 RBI this season for the Rays. The 31-year-old will be entering his walk year in 2026, so he will be a trade candidate if the Rays are not in contention when the deadline arrives.