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Sources: Rangers, Michael Lorenzen Agree to One-Year, $4.5M Deal

Michael Lorenzen was an All-Star that tossed a no-hitter last year. While that sounds like an ideal performance right before free agency, Lorenzen’s overall inconsistencies possibly diminished his value this winter. This might be best represented by his six-game stretch where he pitched to an ERA over nine right after he threw his no-hitter. Although a better 2023 could have led to a bigger deal, Lorenzen will sign with the Texas Rangers on a one-year deal worth $4.5 million. It can max out at $7 million with incentives, a source confirmed to ESPN’s Kiley McDaniel.

Michael Lorenzen Signs with the Rangers

Overall, Lorenzen produced a solid 2023 campaign split between the Tigers and the Phillies. In 29 appearances (25 starts), the 32-year-old tossed 153 innings with a 4.18 ERA, 111 strikeouts, and a 1.209 WHIP. Lorenzen doesn’t strike many batters out but succeeds by limiting walks, generating soft contact and getting ground balls.

The former first-round pick has always had a high upside, but injuries and lack of consistency have held him back. Lorenzen was mostly healthy last year after dealing with injuries in 2022. With health came flashes of brilliance that many in the game have waited for. However, his great performances often came with many awful outings.

Lorenzen gave up five or more earned runs in eight of his starts last season (9.71 ERA). If we remove these starts from his totals, Lorenzen pitched to a 2.10 ERA in 111.1 innings. While he finished the season on a down note, Lorenzen is far from a typical reclamation project. He’s not a pitcher who needs a total overhaul to be successful, but just perhaps a couple of tweaks to unlock more consistency.

Lorenzen goes to the Rangers as a mid-to-back of the rotation starter who, if needed, can fall into the bullpen. In a market where the price for pitching has skyrocketed, Lorenzen might represent a value acquisition with untapped potential. Many pitchers thrive later in their careers after finally joining the right team/coaches. Perhaps Lorenzen can experience that type of renaissance with Texas as he progresses into his 30s.

Main Photo: © Bill Streicher-USA TODAY Sports

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