The Toronto Blue Jays have agreed to an extension with Vladimir Guerrero Jr., tying the superstar first baseman to a deal that marks the third-largest in MLB history.
ESPN’s Jeff Passan reported Guerrero and the Blue Jays have come to terms on a 14-year, $500 million extension.
Guerrero had previously said he would not negotiate during the season having reported to the Spring Training without agreeing to a new contract.
The Blue Jays, though, did maintain contact with Guerrero’s representation, and those discussions yielded dividends.
His deal trails only the contracts signed by Juan Soto with the New York Mets (15 years, $765 million) and Shohei Ohtani (10 years, $700 million), with Guerrero richly rewarded for a phenomenal career to this point.
The son of Baseball Hall of Famer Vladimir Guerrero Sr., Guerrero was signed by the Blue Jays as international free agent at the age of 16.
Since making his debut in the majors in 2019, Guerrero has been selected as an All-Star four times. He led the majors in home runs in 2021, the same year in which he won the first of his two Silver Slugger awards (the second coming in 2024).
A Gold Glove winner in 2022 having made the switch from third base to first base in 2020, Guerrero will likely remain at the latter spot after signing a contract to keep him with the Blue Jays for the rest of his career.
The deal locks Guerrero in as the franchise cornerstone the Blue Jays will hope to build around having gone eight seasons without a playoff series win.
Toronto missed the postseason last year after losing in the American League Wild Card round in three of the previous four seasons.
Guerrero has yet to hit a home run and has four RBI across the first 10 games of the 2025 campaign, which have seen the Blue Jays go 5-5.
The Blue Jays have not won the World Series since 1993, three years before Guerrero’s father made his debut for the Montreal Expos. Toronto will hope the signing of Guerrero to an historic deal will prove to be a key moment in that drought eventually coming to an end.