Vladimir Guerrero Jr.’s contract saga reached a historical conclusion early Monday morning when he and the Toronto Blue Jays agreed to a $500-million, 14-year extension that’s pending a physical, according to an industry source.
The deal does not include deferred money, which means that once completed, it will be the second-richest contract in baseball history. It will entirely recast the franchise’s trajectory while further driving up the price for elite young talent industry-wide.
In terms of present value, Guerrero’s looming windfall will trail only Juan Soto’s $765-million, 15-year record deal from the New York Mets and jump ahead of Shohei Ohtani’s $700-million, 10-year contract with the Los…