Report: Jays offered Vladdy extension in $500M range

The Toronto Blue Jays made Vladimir Guerrero Jr. a massive contract offer before the star first baseman ended negotiations because of a self-imposed deadline when he arrived in camp in mid-February.

Toronto proposed an extension for around $500 million with deferrals to Guerrero that put the net present value in the range of $400 million to $450 million, sources told Jon Heyman of the New York Post.

However, the 25-year-old wants a long-term deal with a present value of $500 million, sources told The Athletic's Ken Rosenthal.

Guerrero eased his stance on deferrals closer to the deadline but was still seeking the present value at $500 million, according to Rosenthal.

The four-time All-Star's reported ask would have given him the second-largest pact in MLB history behind only the non-deferred $765 million the New York Mets gave Juan Soto during the offseason. Shohei Ohtani's $700-million deal with the Los Angeles Dodgers before last season has a present value of $460.8 million because of record deferrals.

Guerrero, who's slated to become one of the top free agents available next offseason, said in early March that he was asking for a contract in the range of 14 years but for less overall money than the $765 million Soto received.

"It's much less than Soto. We're talking about many fewer millions than Soto, more than a hundred million less. ... It was the same number of years (as Soto), but it didn't reach $600 (million)," the 2021 AL MVP runner-up said at the time.

Guerrero recorded 30 homers with 103 RBIs and a .940 OPS over 159 games in 2024 en route to finishing sixth in AL MVP voting. He's also a two-time Silver Slugger and one-time Gold Glover.