Part 3/7:
Financial Landscape and Negotiation Dynamics
Guerrero has reportedly set his sights on a deal worth somewhere between $450 million and $550 million, whereas the Jays initially offered around $360 million. The widening gap highlights the complexity of negotiations, particularly given the organization’s luxury tax payroll, which stands at an estimated $273 million. The financial considerations will likely dictate the approach both sides take.
Interestingly, Guerrero’s existing contract keeps him locked in until 2025, allowing the Jays to structure an extension without it affecting their payroll until the following year. This affords the team some flexibility, enabling them to explore other free agent options without breaking the bank in the immediate term.