According to The Athletic's Ken Rosenthal, Guerrero rejected an extension offer in excess of $500 million from the Blue Jays, but with enough deferred money to lower the present-day value to between $400 million and $450 million. Guerrero reportedly signaled he was willing to accept deferrals, but only if the contract value was still $500 million.

The Toronto Blue Jays reportedly offered superstar Vladimir Guerrero Jr. a contract extension worth nearly $500 million, and it still wasn't enough.