MLB Trade Rumors

While the Blue Jays have been involved in pursuits of a number of major players this winter ranging from Juan Soto to Corbin Burnes to Roki Sasaki, the number one question hanging over the club’s head this offseason is the same one that’s been at the forefront of fans’ minds for years now: will the Blue Jays be able to extend Vladimir Guerrero Jr. before he reaches free agency? And, if not, what will the club do about it? The question is now more urgent than ever, with just over nine months left until Guerrero is set to file for free agency.

Even Guerrero’s relatively short remaining window of team control doesn’t fully illustrate how quickly the Blue Jays are reaching a crossroads, however. Guerrero has made clear that he set a deadline for negotiations of the first full day of Spring Training with the club’s front office. For the Blue Jays, the first full-squad workout is February 18, almost exactly a month away. If club brass and Guerrero’s camp are going to get a deal done ahead of that deadline, they’ll need to make a great deal of progress over the next month: reporting yesterday indicated that the sides last had extension discussions before Christmas, and it seems as though there was a significant gap in negotiations when the sides withdrew from the negotiating table for the holidays.

According to Guerrero, the Jays have offered him a deal in the vicinity of $340MM, and that this offer came prior to Soto signing with the Mets on a record-shattering $765MM deal last month. Meanwhile, reports have suggested that Guerrero’s asking price is believed to be above $400MM and potentially close to half a billion dollars. That’s no insignificant difference. That gap in negotiations hasn’t led the club to shop Guerrero on the open market to this point, and the club has signaled that they have every intention of keeping their star in the fold for the 2025 season.

That hasn’t stopped teams from inquiring, however. Recent reporting suggested that the Mets have checked in with the Blue Jays on the possibility of a Guerrero trade. That conversation doesn’t seem to have garnered significant traction to this point, and reports have indicated that the Jays would need to be bowled over by an offer that brings in a bigger haul than Soto did last winter to even consider moving Guerrero. That’s an incredibly steep asking price for any rental player, though of course it should be noted that last winter’s Soto deal and this offseason’s Kyle Tucker deal have suggested that some clubs are willing to pay exorbitant prices for star players even when they have just one season of control remaining.

It goes without saying that if the Jays see a path towards an extension with Guerrero before his deadline next month, they seem all but certain to pursue that rather than consider dealing him. Should negotiations fall through, however, it will be worth wondering whether or not the club will be able to build a contender around him in his final year before free agency. Landing Sasaki would surely help with that goal, and the Jays clearly have money to spend in free agency. They’ve been attached to top remaining free agents like Jack Flaherty, Anthony Santander, and Pete Alonso in recent weeks. All of those names would significantly improve the club, but it’s unlikely any of them individually would do enough to push the Jays from fifth place in the AL East into a playoff spot without significant rebound seasons from established players like Bo Bichette, Kevin Gausman, and Alejandro Kirk who struggled to produce last year.

If an extension can’t be reached and the Jays don’t have confidence in their ability to build a winning club for 2025, it’s easy to make the argument that the club should at least see what Guerrero could bring back on the trade market. If they find an offer that eclipses the package the Padres received for Soto last winter, it’s easy to imagine that greatly accelerating the club’s return to competitiveness in a post-Guerrero era. That would certainly be preferable to missing the playoffs again in 2025 with Guerrero on the roster and losing him for nothing more than a compensatory draft pick in free agency next winter, though trading Guerrero before the season begins would make a playoff run this year all the more difficult to imagine.

The club could also give itself more time to make a decision by supplementing the roster further throughout the winter in an effort to compete this year and then re-evaluating at the trade deadline. With that said, Guerrero would surely be far less attractive as a trade candidate with just two months of team control remaining. His impact for an acquiring club in 2025 would be reduced if they only had him for the stretch run, and perhaps more importantly it’s all but impossible to imagine him entertaining an extension with a new club that close to free agency. The star slugger is sure to garner a significantly larger return if traded before the season begins, but that would all but close the door on playoff baseball in Toronto this year.

How do MLBTR readers think the situation will play out? Will Guerrero and the Blue Jays come to an agreement on an extension before his deadline next month? And if not, will the Jays trade their star slugger before Opening Day or enter the season with him on the roster? Have your say in the poll below!