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Vladimir Guerrero Jr. and the Toronto Blue Jays agreed to a $500 million, 14-year contract that starts in 2026, a person familiar with the negotiations told The Associated Press, a deal that removes what would have been the biggest star from next offseason’s free-agent market.
The person spoke on condition of anonymity early Monday because the agreement had not been announced.
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Guerrero’s deal does not include any deferred money, the person said.
Guerrero agreed in January to a $28.5 million, one-year contract that avoided arbitration and the four-time All-Star first baseman had said he wouldn’t negotiate after he reported to spring training in mid-February. Still, talks continued well into the regular season.
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Guerrero got the third-largest contract in total dollars behind outfielder Juan Soto’s $765 million, 15-year contract with the New York Mets that started this season and two-way star Shohei Ohtani’s $700 million, 10-year agreement with the Los Angeles Dodgers that began last year and is heavily deferred.
Guerrero's $35.71 million average annual value under the new deal ranks eighth among current contracts behind the agreements of Ohtani ($70 million), Soto ($51 million), Philadelphia Phillies pitcher Zack Wheeler ($42 million), New York Yankees outfielder Aaron Judge ($40 million), Texas pitcher Jacob deGrom ($37 million), Dodgers pitcher Blake Snell ($36.4 million) and Yankees pitcher Gerrit Cole ($36 million).
