The 40-year-old righty had a 176-157 career record and 4.03 ERA in 681 games, which includes 377 starts. His most notable accomplishment was winning the World Series with the Boston Red Sox in 2004.
"I'm officially no longer going to play the game," Lowe said. "It's still enjoyable, but the role I was having wasn't fulfilling."
Lowe had mainly been used as a long relief man by the Texas Rangers in nine games this season before being released in May.
"Like I told my dad, I'll never retire," Lowe said. "If you're not playing, it's completely self-explanatory. I'm not going to go to the Hall of Fame, so I don't feel like I need to have a retirement speech. But I was able to play 17 years on some pretty cool teams and win a World Series. So, everyone's got to stop playing at some point, and this is my time."
Braves fans likely remember Lowe's four-year, $60 million contract and his 4.57 ERA in Atlanta from 2009-11. The Braves traded him to the Cleveland Indians in 2012. He also spent time with the Seattle Mariners, New York Yankees and Los Angeles Dodgers.
Atlanta, Atlanta Braves, Baseball, Boston Red Sox, Derek Lowe, MLB, Seattle Mariners
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