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Sean Lowe is the new 'Bachelor'

It was announced March 12 that "The Bachelor"

It was announced March 12 that "The Bachelor" star Sean Lowe will compete on the next season of "Dancing With the Stars."

ABC has named its next "Bachelor."

Sean Lowe - who came in third place on the most recent season "The Bachelorette," with Emily Maynard at its center - has nabbed the spot, the network announced Tuesday. Lowe, 28, is a Dallas-based businessman and entrepreneur.

The 17th season of the reality show is to premiere in January.

Rumor had it that Roberto Martinez - who was formerly engaged to Season 6 "Bachelorette" Ali Fedotowsky - and Olympic swimming champ Ryan Lochte were in the running for the "Bachelor" job.

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