Contract extensions are common in professional sports, allowing teams to secure players long-term and players to gain financial security. Vladimir Guerrero Jr., a star first baseman for the Toronto Blue Jays, was unable to reach an agreement with the team before the 2025 season. - Vladimir Guerrero Jr. stated his contract demands were significantly less than the $765 million Juan Soto received from the New York Mets. - Guerrero confirmed his counteroffer to the Blue Jays was for a 15-year deal but under $600 million. - Negotiations between Guerrero Jr. and the Blue Jays failed to produce an agreement before the start of spring training. - Guerrero Jr. is set to become a free agent after the 2025 MLB season.