Veteran pitcher Michael Lorenzen, who has been a subject of numerous rumors recently, including as a potential option for the Boston Red Sox, is reportedly off the market. Lorenzen, who had a standout 2023 season with the Detroit Tigers and Philadelphia Phillies, earning his first All-Star selection, was in discussions as a possible addition for Boston. However, it appears he has reached an agreement with the Texas Rangers. According to Ken Rosenthal of The Athletic, Lorenzen is set to sign a one-year, $4.5 million contract with the Rangers, pending a physical. The deal also includes incentives worth $2.5 million, with a maximum value of $7 million.
Lorenzen could have been a practical addition for Boston, offering potential as a reliable mid-rotation starter at a reasonable cost. However, with his agreement to join the Texas Rangers on a contract slightly above $4 million, the Red Sox will need to explore other options for bolstering their rotation within their budget constraints.
One potential candidate still available is Jordan Montgomery, known for his postseason performances. While he would bring added quality to Boston’s pitching staff, he likely commands a higher price tag than Lorenzen. Despite being linked to the Rangers previously, it appears they may not pursue Montgomery further.
Given the dwindling options in the market, especially for pitching, the Red Sox should act swiftly if they intend to pursue Montgomery to strengthen their rotation for the upcoming season.