Michael Lorenzen

Kansas City Royals, Starting Pitcher
Age: 32-330d (Jan 04, 1992)
Exp: 8.159 Years
Country: US
College: California State-Fullerton
Drafted: Round 1 (#38 overall), 2013
Agent(s): CAA Sports
Career Earnings

$32,343,531

2024-2024 free-agent-xxb

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.
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
Spotrac Premium Tools
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Seasons

8.159 Years

Career Earnings thru 2025

$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
Retained
Active
$5,712,361
$3,537,639
$23,005,892
$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 $5,712,361 - - $5,712,361
1 $2,787,639 - $750,000 $3,537,639
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
$5,712,361
$2,787,639
$750,000
$5,712,361
$3,537,639
$23,005,892
$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 $5,712,361 - - $5,712,361
1 $2,787,639 - $750,000 $3,537,639
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

$7.8M Avg. Annual Salary

Market Value

  • 2 years, $15,588,000
  • Avg. Salary: $7,794,000
  • MLB Rank: 166
  • SP Rank: 60

Current Contract

  • Free Agent: 2025
  • Avg. Salary: $4,500,000

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
Averages 1 $13,166,667 $8,500,000 32.3

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 $13,333,334 $6,666,667

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
Average 20.33 4.50 8.20 2.92 4.49 1.27 4.32 1.11
Michael Lorenzen
2023-2024
 24.50 5.15 6.62 3.45 3.75 1.22 4.68 3.19
Pct Change 20.51 14.44 -19.27 -18.15 16.48 3.94 -8.33 187.39
Median Prime % Change 9.19%
Average Prime % Change 24.63%

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, $15,588,000 $7,794,000

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TRANSACTIONS

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)

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