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The Atlanta Braves have traded Derek Lowe to the Cleveland Indians, sources tell ESPN The Magazine's Buster Olney.
Lowe was traded for left-handed pitching prospect Chris Jones, a source familiar with the trade told Olney.
The Braves are eating all but $5 million of the $15 million remaining on the last year of Lowe's contract, sources told Olney.
Lowe went 9-17 with a 5.05 ERA in 34 appearances for the Braves in 2011. The 15-year veteran right-hander has a career record of 166-146 with a 3.94 ERA.
http://es.pn/vu0jXc RT @Indians Derek Lowe (and cash) has been acquired from the Atlanta Braves for LHP Chris Jones.