The Atlanta Journal-Constitution first reported that Lowe had received an offer of $15 million per year. On Tuesday morning, SI.com reported the Braves are trying to finalize a deal that would be for four years.
Not only would the deal improve the Braves' rotation, but procuring Lowe's services would also prevent the Mets, a National League East rival, from adding him to their staff.
Lowe went 14-11 with a 3.24 ERA with the Dodgers last year and has a career mark of 126-107. Landing Lowe would give the Braves an offseason coup after falling short in efforts to acquire shortstop Rafael Furcal and right-handers A.J. Burnett and Jake Peavy.
The Mets have offered Lowe $36 million over three years.
Bill Chastain is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.