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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 32 8.159 $4,500,000 $4,500,000 $4,500,000 $4,500,000 $4,500,000($4,500,000) 2025 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: - Innings Pitched
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Estimated Career Earnings
Year Team Awards Salary Signing Bonus Incentive Total Cash 2015 $392,401 - - $392,401 2016 $516,500 - - $516,500 2017 $555,000 - - $555,000 2018 $1,312,500 - - $1,312,500 2019 $1,950,000 - - $1,950,000 2020 $1,379,630 - - $1,379,630 2021 $4,437,500 - - $4,437,500 2022 $6,750,000 - - $6,750,000 2023 $2,787,639 - $750,000 $3,537,639 2023 $5,712,361 - - $5,712,361 Est. Earnings
(9 seasons)$25,793,531 - $750,000 $26,543,531 2024 $4,500,000 - - $4,500,000 $30,293,531 - $750,000 $31,043,531 Seasons Team Salary Signing Bonus Incentive Total Cash 7 seasons $10,543,531 - - $10,543,531 1 seasons $6,750,000 - - $6,750,000 1 seasons $2,787,639 - - $3,537,639 seasons $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 LeeDec 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 arbitrationJan 10 2020Signed a 1 year $3.725 million contract with Cincinnati (CIN), avoiding arbitrationJan 11 2019Signed a 1 year $1.95 million contract with Cincinnati (CIN), avoiding arbitrationJan 12 2018Signed a 1 year $1.3125 million contract with Cincinnati (CIN), avoiding arbitrationFeb 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.
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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
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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