Michael Lorenzen

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Texas Rangers Starting Pitcher (SP4 ) Age: 32-93d Exp: 8.159 Years Bat/Throw: Right/Right
Drafted: Round 1 (#38 overall), 2013 College: Cal State Fullerton Agent(s): (CAA Sports)

  • Current Contract

    Michael Lorenzen signed a 1 year / $4,500,000 contract with the Texas Rangers, including $4,500,000 guaranteed, and an annual average salary of $4,500,000. In 2024, Lorenzen will earn a base salary of $4,500,000, while carrying a total salary of $4,500,000.

    2024-2024 Free Agent

    Contract: 1 yr(s) / $4,500,000
    Signing Bonus -
    Average Salary $4,500,000
    Free Agent: 2025 / UFA
    Year   Age Service Status Base Salary Luxury Tax Salary Payroll Salary Adjusted Salary Yearly Cash
    2024 Contract details by year 32 8.159 $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000($4,500,000)
    2025 Free Agent Year 33 UFA  
    Contract Notes:
    • Innings Pitched
      $200,000 each for 60, 70, 80, 90, 100
      $300,000 for 120
      $350,000 for 140
      $400,000 for 160
      $450,000 for 180
    Sources: MLB contract specifics generally collected from Baseball Prospectus & Rotoworld.

    Previous Contracts

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    2023-2023 Free Agent

    Contract: 1 yr(s) / $8,500,000
    Signing Bonus -
    Average Salary $8,500,000
    Free Agent: 2024 / UFA

    2023-2023Retained

    Contract: 1 yr(s) / $5,712,361
    Signing Bonus -
    Average Salary $5,712,361
    Free Agent:

    2022-2022 Free Agent

    Contract: 1 yr(s) / $6,750,000
    Signing Bonus -
    Average Salary $6,750,000
    Free Agent:

    2021-2021 Arbitration

    Contract: 1 yr(s) / $4,437,500
    Signing Bonus -
    Average Salary $4,437,500
    Free Agent:

    2020-2020 Arbitration

    Contract: 1 yr(s) / $3,725,000
    Signing Bonus -
    Average Salary $3,725,000
    Free Agent:

    2019-2019 Arbitration

    Contract: 1 yr(s) / $1,950,000
    Signing Bonus -
    Average Salary $1,950,000
    Free Agent:

    2018-2018 Arbitration

    Contract: 1 yr(s) / $1,312,500
    Signing Bonus -
    Average Salary $1,312,500
    Free Agent:

    2017-2017 Pre-Arbitration

    Contract: 1 yr(s) / $555,000
    Signing Bonus -
    Average Salary $555,000
    Free Agent:

    2016-2016 Pre-Arbitration

    Contract: 1 yr(s) / $516,500
    Signing Bonus -
    Average Salary $516,500
    Free Agent:

    2015-2015 Pre-Arbitration

    Contract: 1 yr(s) / $507,500
    Signing Bonus -
    Average Salary $507,500
    Free Agent:

    2013-2013Signing Bonus

    Contract: 1 yr(s) / $1,500,000
    Signing Bonus -
    Average Salary $1,500,000
    Free Agent:
  • Estimated Career Earnings

    Year Team Awards Salary Signing Bonus Incentive Total Cash
    2015 Player Cash Earnings $392,401 - - $392,401
    2016 Player Cash Earnings $516,500 - - $516,500
    2017 Player Cash Earnings $555,000 - - $555,000
    2018 Player Cash Earnings $1,312,500 - - $1,312,500
    2019 Player Cash Earnings $1,950,000 - - $1,950,000
    2020 Player Cash Earnings $1,379,630 - - $1,379,630
    2021 Player Cash Earnings $4,437,500 - - $4,437,500
    2022 Player Cash Earnings $6,750,000 - - $6,750,000
    2023 Player Cash Earnings $2,787,639 - $750,000 $3,537,639
    2023 Player Cash Earnings $5,712,361 - - $5,712,361
    Est. Earnings
    (9 seasons)
    $25,793,531 - $750,000 $26,543,531
    2024 Player Cash Earnings $4,500,000 - - $4,500,000
    $30,293,531 - $750,000 $31,043,531
    Seasons Team Salary Signing Bonus Incentive Total Cash
    7 seasons Player Cash Earnings $10,543,531 - - $10,543,531
    1 seasons Player Cash Earnings $6,750,000 - - $6,750,000
    1 seasons Player Cash Earnings $2,787,639 - - $3,537,639
    seasons Player Cash Earnings $5,712,361 - - $5,712,361
    * denotes deferred payment
  • Transactions

    Mar 21 2024Signed a 1 year $4.5 million contract with Texas (TEX)
    Aug 1 2023Traded to Philadelphia (PHI) from Detroit (DET) for Hao-Yu Lee
    Dec 20 2022Signed a 1 year $8.5 million contract with Detroit (DET)
    Nov 29 2021Signed a 1 year $6.75 million contract with Los Angeles (LAA)
    Jan 15 2021Signed a 1 year $4.4375 million contract with Cincinnati (CIN), avoiding arbitration
    Jan 10 2020Signed a 1 year $3.725 million contract with Cincinnati (CIN), avoiding arbitration
    Jan 11 2019Signed a 1 year $1.95 million contract with Cincinnati (CIN), avoiding arbitration
    Jan 12 2018Signed a 1 year $1.3125 million contract with Cincinnati (CIN), avoiding arbitration
    Feb 24 2017Signed a 1 year $555,000 contract with Cincinnati (CIN)
    Mar 4 2016Signed a 1 year $516,500 contract with Cincinnati (CIN)
    Apr 29 2015Signed a contract with Cincinnati (CIN)
    Jun 24 2013Drafted by Cincinnati (CIN): Round 1 (#38 overall)
    Jun 21 2013Signed a contract with Cincinnati (CIN)

  • Injuries

    A look at the injuries for Michael Lorenzen, and the financial implications.

  • 2024 Player Rankings

    A visual look at how Michael Lorenzen ranks across the league, conference, division, and team.

     

    Cap Hit ($0) Rank

    Total Cash ($0) Rank

    Average Annual ($0) Rank
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    Statistics

    Season WAR
    Totals 400 75 133 20 31 3 1 7 24 7 5 47 0.233 0.282 0.429 0.710 0.00
  • Calculated Market Value

    Market Value

    • yrs, $0
    • Avg. Salary: $0
    • MLB Rank: 0
    • SP4 Rank: 0

    Previous Contract

    • Free Agent:
    • Avg. Salary: -
    • MLB Rank: 0
    • SP4 Rank: 0

    Comparable Players

    We've selected the following players based on their age, contract status, and statistical production to compare Michael Lorenzen to.

    Player Length Value Avg. Salary Age When Signed
    Averages NAN $nan $nan NAN


    Base Calculated Value

    After adjusting the above contracts as if signed at Lorenzen's current age (32), a linear regression is performed, providing us with the following initial value.

    Length Value Avg. Salary
    $0 $0


    Statistical Comparisons

    Now we'll compare our variables and Lorenzen statistically over the two seasons prior to their signing. In this case we're analyzing:

    Player
    Average
    Michael Lorenzen -
    % Change
    Median Prime % Change 0.00%
    Average Prime % Change 0.00%


    Michael Lorenzen's Calculated Market Value

    After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

    Terms Avg. Salary
    years, $0 0
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