Will the Rays look to trade Brandon Lowe?

When Brandon Lowe was healthy in 2020 and ’21, he was arguably the best second baseman in baseball. 

The Rays slugger led primary second basemen in home runs, RBI, OPS, wRC+ and FanGraphs WAR over those two seasons. 

Unfortunately, he has missed significant time with various injuries in each of the three years since. When he takes the field, however, Lowe is still a highly productive player. He launched 21 homers in 107 games this past season while producing a 123 wRC+ and 2.2 fWAR. His .350 xwOBA ranked in the 85th percentile of major league hitters.

Tampa Bay picked up a $10.5M team option for Lowe’s services in 2025, rather than paying him a $1M buyout and sending him off to free agency. The Rays might be notoriously close-fisted, but still, there was little doubt they’d exercise the option. A net $9.5M is a bargain for a player like Lowe. That being said, a $10.5M salary puts Lowe in a tie with Jeffrey Springs for the highest paycheck on the club next year. To put it another way, it’s approximately 12% of the team’s estimated payroll for 2025 (per RosterResource). Thus, it’s more than fair to wonder if the Rays would prefer to spread that money across multiple roster spots rather than give it all to one injury-prone player. In other words, it’s fair to wonder if Lowe will be wearing a new uniform by Opening Day next March.

Tampa Bay has a long track of trading veteran players once their salaries start to increase, even when the team is still planning to contend. As the Rays enter the offseason coming off their worst finish since 2017, and coming off a season in which they sold big at the trade deadline, it seems even more believable that they would consider trading Lowe. Furthermore, the Rays have multiple internal options who could replace Lowe in the lineup (even if they can’t necessarily replace his production). One of Junior Caminero or José Caballero could potentially slide over to second base, while Christopher Morel could slot in for Caminero at third base or Taylor Walls could replace Caballero at shortstop. Former top prospect Curtis Mead is another infielder to keep in mind.

Then again, the fact that the Rays didn’t trade Lowe at last year’s deadline could be an indication that they’d like to hold onto him for 2025. After all, they might be cheap, but they also love a good value play. If the Rays shop Lowe around and come to the conclusion that he is severely undervalued around the league, they might prefer to hold onto him.

In August, Rays hitting coach Chad Mottola told Marc Topkin of the Tampa Bay Times, “I don’t think the industry and even our own fans understand the impact [Lowe] makes in our lineup.” If president of baseball operations Erik Neander shares that opinion, he might be hesitant to part with his All-Star second baseman. Neander recently expressed confidence in Lowe’s bat and glove, telling Topkin that Lowe is “most valuable” as a second baseman but that the team could continue to give him some time at first base and DH next season to have his powerful bat in the lineup as often as possible.

It’s also worth mentioning that Lowe has another team option for 2026 (valued at $11.5M with a $500K buyout), which means Tampa Bay could keep him around for the start of next season and still have the flexibility to trade him at a later date. What’s more, the Rays have numerous other trade candidates on the roster. Lowe isn’t the only player they can flip if they’re facing pressure to cut payroll in light of the damage to Tropicana Field or the team’s current lack of a broadcast deal.

First baseman Yandy Diaz and closer Pete Fairbanks are two of the top 10 players on MLBTR’s list of the top 35 trade candidates of the offseason. Díaz (No. 5) will be making $10M next year, and he has a $12M team option for the following season. His contract also includes a $1M trade assignment bonus. Fairbanks (No. 7) is set to collect $3.67M in 2025, and he has a $7M club option with a $1M buyout for 2026. One more name to keep in mind is Zack Littell. He doesn’t have the same star power as Diaz or even Fairbanks, but he has proven himself to be a capable mid-rotation starter over the last year and a half. He made just $1.85M this past season, but he is projected to earn close to a $3M raise in his final year of arbitration eligibility.

Another factor to consider is the market for second baseman this offseason, both in terms of free agents and trade candidates. Only two of MLBTR’s top 50 free agents are primary second basemen: Gleyber Torres (No. 20) and Hyeseong Kim (No. 26). One could easily imagine why teams would prefer Lowe over either of them, especially on such a team-friendly contract. However, things could get more complicated if any teams are seriously pursuing Alex Bregman (No. 3), Willy Adames (No. 5), or Ha-Seong Kim (No. 43) to play second base. Ha-Seong Kim was a primary second baseman as recently as 2023, while both Adames and Bregman have expressed a willingness to switch positions.

As for the trade market, second basemen who could be on the move include Luis Arraez (No. 17 on MLBTR’s top trade candidates list), Brendan Donovan (No. 20), and Nolan Gorman (No. 21). However, none of those players seem particularly likely to be dealt, and they all fill different niches than Lowe. Funnily enough, all four bat left-handed, but Lowe is the only one who offers proven, middle-of-the-order power against both left- and right-handed pitching.