Vladimir Guerrero Jr.’s long contract extension negotiations have finally come to an end with the Toronto Blue Jays. Ken Rosenthal of The Athletic was the first to report the agreement, which is a 14-year, $500 million deal pending a physical. Yancen Pujols and Hector Gomez also reported the terms of the deal, with Gomez mentioning that the two sides are finalizing the finer details of the contract.
Bob Nightengale of USA Today confirmed earlier reports of the 14-year length of the contract, stating that Guerrero and the Blue Jays are exchanging figures and are expected to reach a resolution soon. Once the league approves Guerrero’s new contract, it will become the most lucrative extension in baseball history, surpassing the record previously held by Mike Trout of the Angels. Guerrero is a successful player with impressive stats, including a .287/.362/.499 slash line, 30 home runs, and 103 RBIs in the previous season.
The negotiations for Guerrero’s contract extension gained momentum when reports surfaced that he was close to reaching an agreement for a deal worth over $500 million. Despite Guerrero’s initial self-imposed deadline to accept the Blue Jays’ offer in February passing without a resolution, talks resumed later on, leading to the eventual agreement. Guerrero expressed his focus on playing while letting his agent handle the negotiations on his behalf.
The Blue Jays were keen on preventing Guerrero from becoming a free agent this year and potentially soliciting offers from various teams to increase his earning potential. By signing Guerrero to a long-term contract extension now, the Blue Jays have secured a valuable franchise cornerstone for their team for many years to come. Guerrero’s successful playing record and potential have made him a highly sought-after player, and his contract extension marks a significant milestone in baseball history.