Once the league approves Guerrero's new contract, it will be the most lucrative extension in baseball history, breaking the record previously held by the Angels' Mike Trout. Owner of a career .287/.362/.499 slash line, Guerrero is coming off a season in which he hit 30 home runs and drove in 103 while cutting his strikeout rate and appearing in 159 games for Toronto. He's a four-time All-Star, two-time Silver Slugger Award winner, and Gold Glove Award winner at age 26. The son of Hall of Famer Vladimir Guerrero is 10 for 35 (.286) with three doubles, four RBIs, and three runs scored in nine games to begin the 2025 season.

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.

Guerrero was set to become a free agent after the 2025 season was over. The slugging first baseman would have had plenty of suitors on the open market but reportedly chose to stay with the team that he joined as an amateur free agent in 2015. He will receive the third-largest contract in total dollars, behind Juan Soto’s 15-year, $765 million deal with the New York Mets and Shohei Ohtani’s 10-year, $700 million agreement with the Los Angeles Dodgers, according to The Associated Press. The deal does not include any deferred money, The Associated Press reported.