Rhett Lowder signs contract with Cincinnati Reds

Published 6:35 pm Sunday, July 16, 2023

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It is now official: Rhett Lowder has joined the ranks of professional baseball.

This past week, Lowder signed a $5.7 million contract with the Cincinnati Reds.

In Major League Baseball, each slot in the first 10 rounds of the draft has an assigned value. The overall value is determined by adding the values up, and teams may not go over that value.

Each team has a specific value it can spend, and that value is determined by adding the slotted value for each of its picks in the first 10 rounds. Teams cannot go over that total slotted value, but it can go over-slot for specific players.

In Lowder’s case, the slot value was $6,275,200, but with Lowder’s signing, the team can use the additional $575,200 for other signees, according to published reports.

Currently, the former North Stanly and Wake Forest pitching standout is at the Reds’ training facility in Goodyear, Arizona.

Lowder said he was not sure of what plans the Reds have for him but added he would “hopefully find out soon.”

About Charles Curcio

Charles Curcio has served as the sports editor of the Stanly News & Press for more than 16 years and has written numerous news and feature storeis as well. He was awarded the NCHSAA Tim Stevens Media Representative of the Year and named CNHI Sports Editor of the Year in 2014. He has also won an award from Boone Newspapers, and has won four North Carolina Press Association awards.

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