The deal, which was officially announced Sunday by the Giants, guarantees the left-hander at least $9.25 million and includes a fifth-year option that could bring the total value of the contract to about $17 million. If the option is exercised it will take Lowry through the 2010 season, when he becomes eligible for free agency.
"It definitely means security," Lowry said. "For me, money
isn't the issue. Baseball is game that I love to play. I love to go
out and compete. ... This is something I worked my whole life
Lowry, 25, has a career 19-13 record and a 3.71 ERA in 53 appearances with San Francisco. He went 13-13 with a 3.78 ERA last season and was named National League pitcher of the month for August.
"You aren't going to see that much change with me," Lowry
said. "I'm not a person that requires much, so I'll be the same
guy. I'm pretty motivated now. The money isn't going to change
anything, the contract isn't going to change anything. I just want
to go out every fifth day and give it everything I have. That's the
way I've always been and will be."
Lowry was the only member of manager Felipe Alou's Opening Day rotation not to miss a start. He led the team in wins, innings, ERA and strikeouts.
This season Lowry will join Jason Schmidt, Matt Morris, Matt Cain and Jamey Wright in the San Francisco rotation, as the Giants look to rebound from a 75-87 record and a third-place finish in the National League West.
Jerry Crasnick covers baseball for ESPN Insider. Information from The Associated Press was used in this report.