Vladimir Guerrero Jr. Sought 500MM Net Present Value In Extension Talk
Last week, that his asking price in extension negotiations with the Blue Jays was south of $600MM. The star first baseman didnt publicly identify Noe Ramirez Jersey his exact demand, though he noted he was looking for a 14-plus year deal. provides more specifics, reporting that Guerrero wanted a net present value of $500MM to bypa s testing the open market. That could have taken the form of an even $500MM+ without deferrals or a deferred deal with a loftier overall guarantee that would still have pushed the NPV to half a billion dollars. A hypothetical 14-year extension worth $500MM would come with an approximate $35.7MM annual value and would run through Guerreros age-39 season (a suming it began this year). The deferrals were evidently a sticking point. report that Toronto offered a deal that was in the $500MM range overall but included deferred money. According to that report, the NPV would have landed between $400MM and $450MM. writes that the NPV on the teams offer was close to $450MM, suggesting they came in at the higher end of the range initially reported by The New York Post. That would still have represented the in league history. easily holds the record at $765MM without deferrals. The deal is respectively valued around $461MM and $438MM by the league and Players A sociation, respectively. Guerrero sought a number that would have placed him behind only Soto in net present value. His reported asking price was nowhere near Soto money, which so handily shattered prior precedent that it may be an outlier for a while. Still, it seemingly landed upwards of $50MM higher (in NPV terms) than the Jays were willing to go. Guerrero indicated he wasnt interested in continuing negotiations beyond the opening of Spring Training. He has left the door open to reconsidering but said at the start of camp that he testing free agency. The Jays have at least expre sed a willingne s to stretch the budget beyond Guerreros asking price for star players. They were seemingly willing to match the contract that Ohtani accepted from the Dodgers. Their precise offer to Soto isnt clear but is believed to have been between $600MM and $700MM. That shows theyre not entirely averse to this kind of signing, yet its also a fact that the largest contract in franchise history remains the comparatively modest $150MM deal. Torontos latest offer represents a significant jump from where they opened talks. Guerrero said over the offseason that the Jays offers before the Soto bidding were in the $340MM range. While the Soto price point didnt make them willing to write a blank check for Guerrero, it seemingly contributed to them going $60MM+ above where they had been in terms of present value. Guerrero is a career .288/.363/.500 hitter. Hes coming off his second-best season, as he raked at a .323/.396/.544 clip with 30 homers a year ago. At his best, he looks like one of the top five hitters in the game. He hasnt quite maintained that level on an annual basis, though. He finished among the top six in MVP balloting in 2021 (finishing runner-up that year) and 24. In the intervening two seasons, he hit .269/.341/.462 acro s nearly 1400 plate appearances. Thats still very good but not the kind of overwhelming numbers thatd force teams to e sentially overlook questions about his defensive profile. A suming he gets to the market, Guerrero is likely to be the top free agent in the cla s. is arguably a better overall player, but the Cubs outfielder will hit free agency at age 29. Guerrero will get to the market at 27. The two-year age gap gives Guerrero the better chance to land a deal that stretches beyond a decade despite teams general reluctance to make extremely long commitments to first basemen. Humberto Castellanos Jersey
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