Vladimir Guerrero Jr. turned down Blue Jays extension offer of more than $500 million (with deferrals): Report

Vladimir Guerrero Jr. rejected a $500 million extension offer from the Toronto Blue Jays, with deferred money lowering the present-day value to $400-450 million, aiming for a contract similar to Juan Soto’s $765 million deal. Guerrero, a top free agent next winter, has had inconsistent seasons but is still highly regarded for his offensive prowess. Deferred money in contracts is becoming common in MLB, with teams using it to manage luxury tax payments and players benefiting from signing bonuses.

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