Several initiated sources tell AP, ESPN, and The Athletic that the 26-year-old, if he passes the medical examination, will sign the third largest contract in baseball history.
The agreement does not surpass Juan Soto's, who in early December signed the largest sports contract of all time, worth approximately 8.4 billion kronor over 15 years.
Guerrero Jr will earn the equivalent of 358 million kronor per season from 2026 and for the next 14 years.
The Canadian-Dominican star was born in Toronto itself – where it was long reported that he would not negotiate an extension. But now the parties are said to be in agreement.
Guerrero Jr is the son of Vladimir Guerrero, who is inducted into the Baseball Hall of Fame. The 26-year-old has become an All Star four times and is in his seventh season in the league – where he has played in the playoffs three times.
