Vladimir Guerrero Jr. has made headlines with a monumental contract agreement with the Toronto Blue Jays, settling a lengthy negotiation process early Monday. According to industry sources, Guerrero will receive a staggering $500-million, 14-year contract that is pending a physical examination.

This groundbreaking deal does not include any deferred payments, which positions it as the second-most lucrative contract in the history of Major League Baseball. This contract is expected to significantly alter the trajectory of the Blue Jays franchise and will likely escalate contract values for elite young players across the league.

In comparison to other recent contracts, Guerrero’s agreement ranks behind only Juan Soto's remarkable $765-million, 15-year contract with the New York Mets and surpasses Shohei Ohtani's $700-million, 10-year deal with the Los Angeles Dodgers. When considering present value and potential deferrals, Ohtani's deal equates closer to $460 million.

This astonishing sum comes after a series of negotiations that hit significant roadblocks over the past two months. Most notably, discussions stalled several times before an imposed deadline on February 18 and right before the Opening Day of the season.

Upon finalization, this contract effectively secures Guerrero's services for the duration of his career, following prolonged negotiations that eventually led to mutual agreement. The contract also doubles the previous record held by Miguel Cabrera, which was a $248-million, eight-year agreement with the Detroit Tigers, making Guerrero's deal the largest ever given to a first baseman. This contract is also more than three times the largest deal previously offered by the Blue Jays, which was George Springer's $150-million contract over six years.

Largest contracts in Blue Jays history

Guerrero, who is now 26 years old, was set to become a free agent after this season, entering the market at a pivotal age of 27. By signing this lengthy extension, he will stabilize the Blue Jays’ competitive window, which had been threatened by the potential of his departure, alongside the impending free agency of key players such as Bo Bichette, Max Scherzer, Chris Bassitt, Chad Green, and Erik Swanson this fall.

The contracts for fellow players like Springer, Kevin Gausman, Daulton Varsho, and Yimi Garcia will extend through 2026, while Jose Berrios’ contract will run through 2028 with an opt-out following the 2026 season. Guerrero’s newly secured agreement, valid until 2039, follows closely behind Alejandro Kirk's recently announced $58-million, five-year extension, helping to reinforce a new long-term core for the Blue Jays that also consists of Andres Gimenez and Anthony Santander.