Yankees Set To Sign 2004 Hero Derek Lowe

The Yankees are in the process of finalizing a deal for Derek Lowe, who was designated for assignment by Cleveland. He could be activated on Monday.

The Red Sox visit Yankee Stadium III next Friday and weekend.

Although New York placed CC Sabathia (left elbow inflammation) on the disabled list for the second time this season, Lowe is expected to work out of the bullpen.

In one of the finest outings of his 16-year career, Lowe put up a 6-1-1-1-3, 69 line on only two days rest against the Yankees in Game 7 of the 2004 ALCS.