Vladimir Guerrero Jr. and the Toronto Blue Jays have agreed to a historic $500 million, 14-year contract extension, pending a physical. The deal contains no deferred money, making it the second-largest contract in MLB history—behind only Juan Soto’s $765M deal and ahead of Shohei Ohtani’s nominal $700M contract (which includes significant deferrals).

At 26 years old, Guerrero was set to hit free agency after this season, but this extension locks him in through 2039, effectively covering the rest of his career. The agreement marks a huge shift for the Blue Jays, who previously never offered more than $150M (George Springer’s contract), and it doubles Miguel Cabrera’s record for a first baseman.

The largest contracts in history of the franchise are as follows;

The move helps the Blue Jays retain a key piece of their core amid looming free agency for players like Bo Bichette and Max Scherzer, and follows a $58M extension for catcher Alejandro Kirk. The massive commitment signals a bold, long-term vision for the franchise’s future.

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