Toronto Blue Jays infielder Vladimir Guerrero Jr. did not agree to a contract extension before his self-imposed deadline, and is prepared to enter free agency after the 2025 MLB season. Despite his strong 2024 campaign, Guerrero said the Blue Jays did not come close to his desired contract (via ESPN’s Jeff Passan). Finishing sixth in American League MVP voting, Guerrero drove in 103 runs while posting a 166 OPS+ that ranked fifth in baseball. Still just 25 years old, Guerrero will enter free agency at the same age Juan Soto did this offseason before signing a 15-year, $765 million contract with the New York Mets.

While Guerrero is not Soto, one MLB insider believes the Blue Jays star will become the third player to sign a contact that exceeds $600 million. Appearing on a Bleacher Report stream, Jon Heyman of the New York Post said a team is “gonna have to be in the sixes” to sign Guerrero. “At this point with Soto at $765 million, I think it’s probably gonna have to be in the sixes to sign [Guerrero],” Heyman said. “I think probably $600 million, plus.”

Given this number, who are the favorites to sign Guerrero? According to Heyman, it’s the Blue Jays, New York Mets and Boston Red Sox. We have another @JonHeyman live show in the B/R app going over Nolan Arenado’s situation, Vladdy’s contract and MORE at 3 PM ET

See you here in 45 minutes https://t.co/gf5i9cIpIVpic.twitter.com/0Dikchip5t — B/R Walk-Off (@BRWalkoff) February 26, 2025 “My guesses would be Red Sox,” Heyman said. “I don’t know what their thoughts are on [Triston] Casas… He was out there on the trade market, so that’s no impediment to signing Vlad Guerrero Jr. Mets, I know they say they’re gonna be more cautious spending… The Jays, I think he likes the Jays… To me, those are the three teams.”

As Heyman noted, the Mets plan on being more cautious spending going forward, and Toronto has already proven an unwillingness to offer $600 million for Guerrero. This leaves Boston with a real opportunity, but also a big decision to make.