Per T.R. Sullivan, the Rangers have made a couple of minor moves today, placing righthanded pitcher Derek Lowe on release waivers and signing Mark Teahen to a minor league contract.
Lowe was signed to a minor league deal this spring, and was put in the major league bullpen on Opening Day as the team's long reliever, and as a hedge against the possibility of weak performances from some of the young pitchers. The young pitchers have pitched well, however, and Lowe has not, with the result being that Lowe was designated for assignment earlier in the week to make room on the 25 man roster for Josh Lindblom.
Teahen is a 31 year old 4C player who is most famous for being part of the Oakland A's 2002 "Moneyball" draft, and for being part of the package the Kansas City Royals received in their ill-begotten Carlos Beltran trade. Teahen had a .290/.357/.517 line in 2006 which was good for a bWAR of 3.7, and posted a 2.3 bWAR the next year, but from 2008 through 2011, had a negative bWAR in each season.
Teahen played for the Nationals' AAA affiliate in 2012, posting a .260/.328/.360 line, and had a .211/.318/.254 line for the Diamondbacks' AAA affiliate this year prior to his release. He's being added as an organizational depth guy, not someone we should expect to see in the majors playing any sort of significant role.