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Right-hander Michael Lorenzen has reached agreement with the Texas Rangers on a one-year deal worth $4.5 million guaranteed that can max out at $7 million with incentives, a source confirmed to ESPN's Kiley McDaniel.
Lorenzen had his share of ups and downs during the 2023 season with the Detroit Tigers and Philadelphia Phillies, making the American League All-Star team and throwing a no-hitter while also being moved from the rotation to the bullpen because of ineffectiveness.
After going 5-7 with a 3.58 ERA and making the All-Star Game with the Tigers, the right-hander was dealt to the Phillies at the trade deadline to stabilize their rotation.