According to reports, the Toronto Blue Jays and their ace first baseman, Vladimir Guerrero Jr., are nearing a historic contract deal. 

Mike Rodriguez estimates that the acquisition will cost more than $500 million.  

Background of Negotiations

Guerrero Jr. turned down a $500 million extension offer from the Blue Jays earlier this year because it contained large deferrals, which decreased its current value to between $400 million and $450 million. 

Deferrals would only be accepted if the contract’s present value stayed at $500 million, according to Guerrero Jr.  

Current Developments

According to recent reports, both parties are “inching closer” to a deal that will probably last between 14 and 15 years and cost roughly $500 million. 

Blue Jays CEO Mark Shapiro believes that this contract is essential, particularly as the team looks to lock down its key player for the near future.  

Implications for the Blue Jays

Not only would signing Guerrero Jr. to this deal strengthen the team’s lineup, but it would also show that the organization is dedicated to developing a strong squad of domestic players. 

The team has made keeping Guerrero Jr. their top priority because of his performance, which has been crucial to their recent victories.

Conclusion

The expected $500 million deal for Vladimir Guerrero Jr. marks a significant milestone for the Toronto Blue Jays as the final rounds of negotiations draw near. 

Both supporters and experts are awaiting official confirmation in the hopes that this agreement would serve as a pillar of the team’s future success.