MLB
Michael Lorenzen
Michael Lorenzen
Kansas City Royals, Starting Pitcher
Age: 32-284d (Jan 04, 1992)
Exp: 8.159 Years
Country: US
College: California State-Fullerton
Drafted: Round 1 (#38 overall), 2013
Agent(s): CAA Sports
2024 Payroll Salary
$1,500,028
2024 Cash
$5,800,000
Career Earnings
$32,343,531
2024-2024 free-agent-xxb (CURRENT)
Michael Lorenzen signed a 1 year , $4,500,000 contract with the Texas Rangers, including $4,500,000 guaranteed, and an average annual salary of $4,500,000. In 2024, Lorenzen will earn a base salary of $1,500,028 and a incentive bonus of $1,300,000, while carrying a total salary of $5,800,000. Lorenzen's adjusted salary with the Texas Rangers is $1,500,028
Contract Terms:
1 yr(s) / $4,500,000
Average Salary:
$4,500,000
Signing Bonus:
N/A
Free Agent:
2025 / UFA
| Year | Age | PayrollAnnual | Luxury Tax | Tax % League Tax | Cash Annual | Cash Cumulative | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 |
|
32 | $1,500,028 | $1,500,028 | 0.63% | $2,800,028 | $2,800,028 | |||
| 2025 |
|
33 |
UFA |
|||||||
| Retained Salary | ||||||||||
| 2024 |
|
32 | $2,999,972 | $2,999,972 | 1.27% | $2,999,972 | $2,999,972 | |||
| Year | Age | Service | Base Salary | Incentives Likely | Incentives Unlikely | Payroll Salary | Luxury Tax | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 |
|
32 | 8.159 | $4,500,000 | $1,300,000 | - | $1,500,028 | $1,500,028 | ||||
| 2025 |
|
33 | -- |
UFA |
||||||||
| Retained Salary | ||||||||||||
| 2024 |
|
32 | $2,999,972 | - | - | $2,999,972 | $2,999,972 | |||||
| Year | Age | Base Salary | Cash Total | Cash Cumulative | AYC Cumulative | AYC Remaining | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 |
|
32 | $1,500,028 | $2,800,028 | $2,800,028 | $2,800,028 | $2,800,028 | ||||||
| Retained/Dead Cash | |||||||||||||
| 2024 |
|
32 | $2,999,972 | $2,999,972 | $2,999,972 | $2,999,972 | $2,999,972 | ||||||
Contract Notes
- Innings Pitched ($1.3M earned)
$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
Source:
MLB contract specifics generally collected from verified reports.
2023-2023 free-agent-xxb
Michael Lorenzen signed a 1 year , $8,500,000 contract with the Detroit Tigers, including $8,500,000 guaranteed, and an average annual salary of $8,500,000.
Contract Terms:
1 yr(s) / $8,500,000
Average Salary:
$8,500,000
Signing Bonus:
N/A
Free Agent:
2024 / UFA
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2022-2022 free-agent-xxb
Michael Lorenzen signed a 1 year , $6,750,000 contract with the Los Angeles Angels, including $6,750,000 guaranteed, and an average annual salary of $6,750,000.
Contract Terms:
1 yr(s) / $6,750,000
Average Salary:
$6,750,000
Signing Bonus:
N/A
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2021-2021 Arbitration
Michael Lorenzen signed a 1 year , $4,437,500 contract with the Cincinnati Reds, including $4,437,500 guaranteed, and an average annual salary of $4,437,500.
Contract Terms:
1 yr(s) / $4,437,500
Average Salary:
$4,437,500
Signing Bonus:
N/A
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2020-2020 Arbitration
Michael Lorenzen signed a 1 year , $3,725,000 contract with the Cincinnati Reds, including $3,725,000 guaranteed, and an average annual salary of $3,725,000.
Contract Terms:
1 yr(s) / $3,725,000
Average Salary:
$3,725,000
Signing Bonus:
N/A
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2019-2019 Arbitration
Michael Lorenzen signed a 1 year , $1,950,000 contract with the Cincinnati Reds, including $1,950,000 guaranteed, and an average annual salary of $1,950,000.
Contract Terms:
1 yr(s) / $1,950,000
Average Salary:
$1,950,000
Signing Bonus:
N/A
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2018-2018 Arbitration
Michael Lorenzen signed a 1 year , $1,312,500 contract with the Cincinnati Reds, including $1,312,500 guaranteed, and an average annual salary of $1,312,500.
Contract Terms:
1 yr(s) / $1,312,500
Average Salary:
$1,312,500
Signing Bonus:
N/A
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2017-2017 Pre-Arb
Michael Lorenzen signed a 1 year , $555,000 contract with the Cincinnati Reds, including $555,000 guaranteed, and an average annual salary of $555,000.
Contract Terms:
1 yr(s) / $555,000
Average Salary:
$555,000
Signing Bonus:
N/A
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2016-2016 Pre-Arb
Michael Lorenzen signed a 1 year , $516,500 contract with the Cincinnati Reds, including $516,500 guaranteed, and an average annual salary of $516,500.
Contract Terms:
1 yr(s) / $516,500
Average Salary:
$516,500
Signing Bonus:
N/A
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2015-2015 Pre-Arb
Michael Lorenzen signed a 1 year , $507,500 contract with the Cincinnati Reds, including $507,500 guaranteed, and an average annual salary of $507,500.
Contract Terms:
1 yr(s) / $507,500
Average Salary:
$507,500
Signing Bonus:
N/A
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2013-2013 Signing Bonus
Michael Lorenzen signed a 1 year , $1,500,000 contract with the Cincinnati Reds, including $1,500,000 guaranteed, and an average annual salary of $1,500,000.
Contract Terms:
1 yr(s) / $1,500,000
Average Salary:
$1,500,000
Signing Bonus:
N/A
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Seasons
8.159 Years
Career Earnings thru 2024
$32,343,531
Earnings w/ Different Teams
6 teams
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 2015 | 23 |
|
Active
|
$392,401 |
$392,401 |
|
| 2016 | 24 |
|
Active
|
$516,500 |
$908,901 |
|
| 2017 | 25 |
|
Active
|
$555,000 |
$1,463,901 |
|
| 2018 | 26 |
|
Active / Arb Avoided
|
$1,312,500 |
$2,776,401 |
|
| 2019 | 27 |
|
Active / Arb Avoided
|
$1,950,000 |
$4,726,401 |
|
| 2020 | 28 |
|
Active / Arb Avoided
|
$1,379,630 |
$6,106,031 |
|
| 2021 | 29 |
|
Active / Arb Avoided
|
$4,437,500 |
$10,543,531 |
|
| 2022 | 30 |
|
Active
|
$6,750,000 |
$17,293,531 |
|
| 2023 | 31 |
 |
Active
Retained
|
$3,537,639 $5,712,361 |
$20,831,170 $26,543,531 |
|
| 2024 | 32 |
|
Active
Retained
|
$2,800,028 $2,999,972 |
$29,343,559 $32,343,531 |
|
| Total |
$32,343,531 |
$29,343,559 $32,343,531 |
||||
| Total |
$32,343,531 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 7 |
|
$10,543,531 | - | - | $10,543,531 |
| 1 |
|
$6,750,000 | - | - | $6,750,000 |
| 1 |
|
$2,787,639 | - | $750,000 | $3,537,639 |
| 1 |
|
$5,712,361 | - | - | $5,712,361 |
| 1 |
|
$1,500,028 | - | $1,300,000 | $2,800,028 |
| 1 |
|
$2,999,972 | - | - | $2,999,972 |
| Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|---|
| 2015 |
|
23 |
$392,401
|
$392,401 |
$392,401 |
||
| 2016 |
|
24 |
$516,500
|
$516,500 |
$908,901 |
||
| 2017 |
|
25 |
$555,000
|
$555,000 |
$1,463,901 |
||
| 2018 |
|
26 |
$1,312,500
|
$1,312,500 |
$2,776,401 |
||
| 2019 |
|
27 |
$1,950,000
|
$1,950,000 |
$4,726,401 |
||
| 2020 |
|
28 |
$1,379,630
|
$1,379,630 |
$6,106,031 |
||
| 2021 |
|
29 |
$4,437,500
|
$4,437,500 |
$10,543,531 |
||
| 2022 |
|
30 |
$6,750,000
|
$6,750,000 |
$17,293,531 |
||
| 2023 |
|
31 |
$2,787,639 $5,712,361
|
$750,000 |
$3,537,639 $5,712,361 |
$20,831,170 $26,543,531 |
|
| 2024 |
|
32 |
$1,500,028 $2,999,972
|
$1,300,000 |
$2,800,028 $2,999,972 |
$29,343,559 $32,343,531 |
|
| Total |
$30,293,531 |
$2,050,000 |
$32,343,531 |
$29,343,559 $32,343,531 |
|||
| Total |
$30,293,531 |
$2,050,000 |
$32,343,531 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 7 |
|
$10,543,531 | - | - | $10,543,531 |
| 1 |
|
$6,750,000 | - | - | $6,750,000 |
| 1 |
|
$2,787,639 | - | $750,000 | $3,537,639 |
| 1 |
|
$5,712,361 | - | - | $5,712,361 |
| 1 |
|
$1,500,028 | - | $1,300,000 | $2,800,028 |
| 1 |
|
$2,999,972 | - | - | $2,999,972 |
Injuries
| Year | Dates | Reason | |
|---|---|---|---|
| 2024 |
KC |
Aug 28, 2024 - Sep 25, 2024 | Hamstring |
| 2024 |
TEX |
Mar 28, 2024 - Apr 15, 2024 | Undisclosed |
| 2023 |
DET |
Mar 30, 2023 - Apr 15, 2023 | Groin |
| 2022 |
LAA |
Jul 04, 2022 - Sep 09, 2022 | Shoulder |
| 2021 |
CIN |
Jul 18, 2021 - Jul 30, 2021 | Hamstring |
| 2021 |
CIN |
Apr 01, 2021 - Jul 16, 2021 | Shoulder |
| 2018 |
CIN |
Mar 29, 2018 - May 23, 2018 | Shoulder |
| 2016 |
CIN |
Apr 03, 2016 - Jun 22, 2016 | Elbow |
-
Jul 29, 2024
Traded to Kansas City (KC) from Texas (TEX) for Walter Pennington
-
Mar 21, 2024
Signed a 1 year $4.5 million contract with Texas (TEX)
-
Aug 01, 2023
Traded to Philadelphia (PHI) from Detroit (DET) for Hao-Yu Lee
-
Dec 20, 2022
Signed a 1 year $8.5 million contract with Detroit (DET)
-
Nov 29, 2021
Signed a 1 year $6.75 million contract with Los Angeles (LAA)
-
Jan 15, 2021
Signed a 1 year $4.4375 million contract with Cincinnati (CIN), avoiding arbitration
-
Jan 10, 2020
Signed a 1 year $3.725 million contract with Cincinnati (CIN), avoiding arbitration
-
Jan 11, 2019
Signed a 1 year $1.95 million contract with Cincinnati (CIN), avoiding arbitration
-
Jan 12, 2018
Signed a 1 year $1.3125 million contract with Cincinnati (CIN), avoiding arbitration
-
Feb 24, 2017
Signed a 1 year $555,000 contract with Cincinnati (CIN)
-
Mar 04, 2016
Signed a 1 year $516,500 contract with Cincinnati (CIN)
-
Apr 29, 2015
Signed a contract with Cincinnati (CIN)
-
Jun 21, 2013
Signed a contract with Cincinnati (CIN)
-
Jun 10, 2013
Drafted by Cincinnati (CIN): Round 1 (#38 overall)
| Year | Team | GP | GS | H | R | ER | BB | K | HR | W | L | SV | IP | ERA | WHIP | WAR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | KC | 26 | 24 | 101 | 49 | 48 | 60 | 97 | 17 | 7 | 6 | 0 | 130.3 | 3.32 | 1.24 | 1.48 |
| 2023 | PHI | 29 | 25 | 138 | 76 | 71 | 47 | 111 | 20 | 9 | 9 | 1 | 153.0 | 4.18 | 1.21 | 2.13 |
| 2022 | LAA | 18 | 18 | 81 | 48 | 46 | 44 | 85 | 11 | 8 | 6 | 0 | 97.7 | 4.24 | 1.28 | 0.96 |
| 2021 | CIN | 27 | 0 | 26 | 18 | 18 | 14 | 21 | 2 | 1 | 2 | 4 | 29.0 | 5.59 | 1.38 | -0.10 |
| 2020 | CIN | 23 | 2 | 30 | 17 | 16 | 17 | 35 | 3 | 3 | 1 | 0 | 33.7 | 4.28 | 1.40 | 0.29 |
| 2019 | CIN | 106 | 6 | 68 | 29 | 27 | 28 | 85 | 9 | 1 | 4 | 7 | 83.3 | 2.92 | 1.15 | 2.25 |
| 2018 | CIN | 55 | 3 | 78 | 32 | 28 | 34 | 54 | 6 | 4 | 2 | 1 | 81.0 | 3.11 | 1.38 | 1.52 |
| 2017 | CIN | 73 | 0 | 78 | 43 | 41 | 34 | 80 | 9 | 8 | 4 | 2 | 83.0 | 4.45 | 1.35 | 0.11 |
| 2016 | CIN | 36 | 0 | 41 | 16 | 16 | 13 | 48 | 5 | 2 | 1 | 0 | 50.0 | 2.88 | 1.08 | 1.28 |
| 2015 | CIN | 33 | 21 | 131 | 70 | 68 | 57 | 83 | 18 | 4 | 9 | 0 | 113.3 | 5.40 | 1.66 | -0.58 |
Calculated Market Value
Market Value
- 2 years, $20,369,374
- Avg. Salary: $10,184,687
- MLB Rank: 170
- SP Rank: 60
Current Contract
- Free Agent: 2025
- Avg. Salary: $4,500,000
- MLB Rank: 293
- SP Rank: 89
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 |
|---|---|---|---|---|
| Mike Clevinger | 1 | $3,000,000 | $3,000,000 | 33 |
| Alex Wood | 1 | $8,500,000 | $8,500,000 | 33 |
| Sean Manaea | 2 | $28,000,000 | $14,000,000 | 31 |
| Ross Stripling | 2 | $25,000,000 | $12,500,000 | 33 |
| Averages | 2 | $16,125,000 | $9,500,000 | 32.5 |
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 |
|---|---|---|
| 2 | $19,166,666 | $9,583,333 |
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: GS/Yr, IP, K/9, BB/9, ERA, WHIP, FIP, WAR
| Player | GS/Yr | IP | K/9 | BB/9 | ERA | WHIP | FIP | WAR |
|---|---|---|---|---|---|---|---|---|
|
Mike Clevinger
2022-2023
|
23.00 | 5.23 | 7.35 | 2.75 | 4.05 | 1.21 | 4.63 | 2.97 |
|
Alex Wood
2022-2023
|
19.00 | 4.15 | 7.92 | 2.97 | 4.72 | 1.34 | 4.12 | 0.75 |
|
Sean Manaea
2022-2023
|
19.00 | 4.11 | 9.34 | 3.03 | 4.70 | 1.27 | 4.22 | -0.40 |
|
Ross Stripling
2021-2022
|
21.50 | 4.21 | 7.90 | 2.00 | 3.91 | 1.15 | 4.16 | 2.87 |
| Average | 20.63 | 4.43 | 8.13 | 2.69 | 4.35 | 1.24 | 4.28 | 1.55 |
|
Michael Lorenzen
2023-2024
|
23.00 | 5.30 | 6.56 | 3.49 | 3.93 | 1.24 | 4.79 | 2.82 |
| Pct Change | 11.49 | 19.64 | -19.31 | -29.74 | 9.66 | 0.00 | -11.92 | 81.94 |
| Median Prime % Change | 4.83% | |||||||
| Average Prime % Change | 7.72% | |||||||
Calculated Market Value: Michael Lorenzen
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 |
|---|---|
| 2 years, $20,369,374 | $10,184,687 |