Right-hander Michael Lorenzen and the Kansas City Royals have finalized a $7 million, one-year contract that includes a mutual option for 2026 and $2.5 million in annual performance bonuses.

ESPN’s Jeff Passan first reported the Royals and Lorenzen had agreed to a one-year, $7MM deal that included a $12MM mutual option. Anne Rogers of MLB.com reported the salary and the option buyout. Ken Rosenthal of the Athletic was first to mention the $1MM in bonuses. Image courtesy of Imagn.

Right-hander Michael Lorenzen and the Kansas City Royals are in agreement on a one-year, $7 million contract, sources told ESPN.