Vladimir Guerrero Jr. and the Toronto Blue Jays agree to a 14-year deal, $500 million US contract extension that starts in 2026, according to multiple media reports.
The deal, which is pending a physical, is also being reported by Sportsnet, ESPN, The Associate Press and The Athletic.
CBC Sports has not independently confirmed the reports.
The 26-year-old Guerrero is in the final year of his current contract. The homegrown star is the face of Canada’s lone Major League Baseball franchise.
The Blue Jays have yet to confirm the deal.
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.
Deal 3rd largest in total dollars
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 pitcher Zack Wheeler ($42 million), 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).