Even Guerrero’s relatively short remaining window of team control doesn’t fully illustrate how quickly the Blue Jays are reaching a crossroads, however. Guerrero has made clear that he set a deadline for negotiations of the first full day of Spring Training with the club’s front office. For the Blue Jays, the first full-squad workout is February 18, almost exactly a month away. If club brass and Guerrero’s camp are going to get a deal done ahead of that deadline, they’ll need to make a great deal of progress over the next month: reporting yesterday indicated that the sides last had extension discussions before Christmas, and it seems as though there was a significant gap in negotiations when the sides withdrew from the negotiating table for the holidays.

According to Guerrero, the Jays have offered him a deal in the vicinity of $340MM, and that this offer came prior to Soto signing with the Mets on a record-shattering $765MM deal last month. Meanwhile, reports have suggested that Guerrero’s asking price is believed to be above $400MM and potentially close to half a billion dollars. That’s no insignificant difference. That gap in negotiations hasn’t led the club to shop Guerrero on the open market to this point, and the club has signaled that they have every intention of keeping their star in the fold for the 2025 season.

That hasn’t stopped teams from inquiring, however. Recent reporting suggested that the Mets have checked in with the Blue Jays on the possibility of a Guerrero trade. That conversation doesn’t seem to have garnered significant traction to this point, and reports have indicated that the Jays would need to be bowled over by an offer that brings in a bigger haul than Soto did last winter to even consider moving Guerrero. That’s an incredibly steep asking price for any rental player, though of course it should be noted that last winter’s Soto deal and this offseason’s Kyle Tucker deal have suggested that some clubs are willing to pay exorbitant prices for star players even when they have just one season of control remaining.

It goes without saying that if the Jays see a path towards an extension with Guerrero before his deadline next month, they seem all but certain to pursue that rather than consider dealing him. Should negotiations fall through, however, it will be worth wondering whether or not the club will be able to build a contender around him in his final year before free agency. Landing Sasaki would surely help with that goal, and the Jays clearly have money to spend in free agency. They’ve been attached to top remaining free agents like Jack Flaherty, Anthony Santander, and Pete Alonso in recent weeks. All of those names would significantly improve the club, but it’s unlikely any of them individually would do enough to push the Jays from fifth place in the AL East into a playoff spot without significant rebound seasons from established players like Bo Bichette, Kevin Gausman, and Alejandro Kirk who struggled to produce last year.

If an extension can’t be reached and the Jays don’t have confidence in their ability to build a winning club for 2025, it’s easy to make the argument that the club should at least see what Guerrero could bring back on the trade market. If they find an offer that eclipses the package the Padres received for Soto last winter, it’s easy to imagine that greatly accelerating the club’s return to competitiveness in a post-Guerrero era. That would certainly be preferable to missing the playoffs again in 2025 with Guerrero on the roster and losing him for nothing more than a compensatory draft pick in free agency next winter, though trading Guerrero before the season begins would make a playoff run this year all the more difficult to imagine.

The club could also give itself more time to make a decision by supplementing the roster further throughout the winter in an effort to compete this year and then re-evaluating at the trade deadline. With that said, Guerrero would surely be far less attractive as a trade candidate with just two months of team control remaining. His impact for an acquiring club in 2025 would be reduced if they only had him for the stretch run, and perhaps more importantly it’s all but impossible to imagine him entertaining an extension with a new club that close to free agency. The star slugger is sure to garner a significantly larger return if traded before the season begins, but that would all but close the door on playoff baseball in Toronto this year.

How do MLBTR readers think the situation will play out? Will Guerrero and the Blue Jays come to an agreement on an extension before his deadline next month? And if not, will the Jays trade their star slugger before Opening Day or enter the season with him on the roster? Have your say in the poll below!

Ken Rosenthal and Will Sammon of The Athletic report that the Jays have not had any extension talks with Guerrero’s camp since before Christmas. That indicates there was little to no discussion about a long-term deal in the talks to avoid exchanging arbitration filing figures. However, Rosenthal and Sammon write that extension talks are expected to pick back up before the beginning of Spring Training.

Guerrero said last month that he would cut off negotiations as soon as Spring Training begins. It’s common for players to publicly impose deadlines — many prefer not to discuss contracts once the regular season gets underway — but some players will ultimately continue talks beyond those “cutoffs” if they feel negotiations are making progress. If both team and player are amenable, extension discussions can take place at any point.

While Guerrero isn’t going to get Soto money, he’s clearly looking well beyond the $313.5MM extension that Rafael Devers received from the Red Sox over the 2022-23 offseason. USA Today’s Bob Nightengale wrote last week that Guerrero’s asking price was believed to be at or above $450MM. Jon Heyman of The New York Post suggests similarly, reporting that the former MVP runner-up is looking to top $400MM and could aim for a deal closer to the half-billion dollar mark.

It remains to be seen whether the Jays have the appetite for that kind of investment. They made bigger offers to Shohei Ohtani and Soto, suggesting they’re amenable to a huge expenditure for certain players. Ohtani and Soto presented opportunities to add superstars from outside the organization. Extending Guerrero would be a major boost to a fanbase frustrated by a series of near-misses in free agency over the last two winters. It could also be necessary to keep the team from going into a rebuild after next season. Toronto already faces an uphill path to contention in the AL East. Competing in 2026 if Guerrero and Bo Bichette walk may not be feasible.

In any case, the focus seems squarely on an extension. Rosenthal and Sammon write that the team much prefers to keep Guerrero rather than trade him. They suggest that, in order to even consider a trade, the Jays would need to receive a haul that tops what the Yankees sent to the Padres for one year of Soto’s services last winter.

New York sent two seasons of Michael King — who had proven himself as a multi-inning relief weapon and flashed significant upside in a limited look as a starter — as the headliner. The Yankees included highly-regarded pitching prospect Drew Thorpe (whom San Diego flipped as the centerpiece of the Dylan Cease deal), controllable depth starters Jhony Brito and Randy Vásquez, and backup catcher Kyle Higashioka to the Padres. The Yanks also got Trent Grisham in the deal.

That’s a massive haul for one year of any player, which reflects the Jays’ preference for holding onto Guerrero. Perhaps that’d change if extension talks don’t progress, though it’d be a major surprise if they dealt him before Opening Day. Toronto hopes to compete for a playoff spot this season. They could still add one of the top unsigned hitters (e.g. Anthony Santander, Alex Bregman, Pete Alonso). Even if the Jays don’t succeed in extending Guerrero, they’d presumably prefer to see how things play out in the season’s first half before deciding whether to make him available.

5:15PM: The Mets and Pete Alonso have seemingly been in a staredown for quite a while and it’s still unclear who will blink first. Reporting from last week indicated that Alonso’s camp had pitched a short-term deal with opt-outs to the Mets but Alonso remains unsigned. Reports from both Andy Martino of SNY and Joel Sherman of The New York Post suggest a pivot point is coming where the Mets may move on to plans that don’t involve Alonso having a place on the 2025 team.

It has long seemed possible that Alonso’s free agency could go this way. Last winter, the “Boras Four” lingered in free agency well into the new year and eventually settled for contracts below expectations. Cody Bellinger, Matt Chapman, Blake Snell and Jordan Montgomery all signed deals that only were guaranteed for two or three years, though with each player having the chance to opt-out after each season. There were reasons to expect Alonso might follow them down this road.

Alonso reportedly turned down an extension offer of seven years and $158MM back in the summer of 2023. He still had one arbitration season to go at that point, ultimately making $20.5MM in 2024, so he effectively turned down $137.5MM for six free agent years. There had been reports that Alonso was looking at the contracts of Freddie Freeman and Matt Olson at targets. Freeman signed for $162MM over six years, though with deferrals. Olson signed an eight-year, $168MM extension when he was still two years away from free agency.

But Alonso isn’t as well-rounded of a player as those two. While his power is elite, his plate discipline and defense are both below Freeman and Olson. He’s also coming off a couple of relative down years. He had a career batting line of .261/.349/.535 and a 137 wRC+ through the 2022 season but then hit .229/.324/.480 for a 122 wRC+ over the two most recent campaigns. That’s still strong production but it will naturally concern a club thinking about making a long-term investment.

Alonso is still unsigned with pitchers and catchers set to report to spring training in less than a month. There is apparent willingness to pivot to a short-term deal but a deal still hasn’t come together. There is still more time, as Bellinger’s agreement came together in late February last year, Chapman’s in early March. However, today’s reports both point to the Mets starting to consider other options.

The Mets have had a front office shakeup since offering that extension to Alonso. Billy Eppler was the general manager at that time but David Stearns is now running the club’s baseball operations department. Stearns never really dedicated a lot of resources to first base, as shown in MLBTR’s Contract Tracker. A three-year, $16MM deal for Eric Thames was his biggest investment in the position for the Brewers. Milwaukee non-tendered Chris Carter after he hit 41 home runs in 2016, rather than pay him a projected $8.1MM salary.

Stearns is working with more resources now that he’s with the Mets but has continued to be measured in how he uses those resources, apart from the Juan Soto deal. Instead of signing top free agent starting pitchers, he has taken bounceback fliers on guys like Frankie Montas and Griffin Canning. He also signed Clay Holmes, hoping to get starting pitcher value for reliever prices.

The Mets do have some internal options for corner infield work. Mark Vientos had a great season in 2024, mostly playing third base, but his defense didn’t receive strong grades. It’s been suggested that he could be moved over to first base, with the hot corner then being open for a competition between guys like Brett Baty, Luisangel Acuña and Ronny Mauricio. There’s some uncertainty in going down that road and there would be some sense in adding Alonso back into the mix, but it seems the Mets and Alonso’s camp can’t agree on a fair price.

Teams will naturally be attracted to a short-term deal as it lowers the chances of them being saddled with a player’s decline years, but the player usually looks to get a higher average annual value as a compromise. Bellinger’s deal guaranteed him $80MM but in frontloaded fashion, allowing him to opt out after one year with $30MM in his pocket or after two years with $60MM in the bank. Alonso is perhaps looking for something similar, which the Mets may not be keen on.

The Mets are set to be a third-time payor of the competitive balance tax and RosterResource projects their CBT number at $276MM next year. Signing Alonso to something in the range of $25-30MM annually would push that close to the fourth and final tier of the tax, which is $301MM this year. The Mets would pay a 95% tax on spending from tier three to tier four, then a 110% tax for spending over the top line. As such, even employing Alonso for one year and then having him opt out would cost them something like $60MM. If he has a disappointing season and doesn’t opt out, as happened with Bellinger, they would be stuck with the deal for another year or two.

The Mets also stand to receive draft pick compensation if Alonso signs elsewhere. As a tax payor, their bonus pick wouldn’t be until after the fourth round. That’s not massively important in baseball terms but it’s not nothing and it would go away if they re-sign Alonso.

It’s a tricky calculation for the Mets to make with a franchise favorite, but it seems they are willing to play hard ball and move on to other options soon. Martino does mention that the Mets checked in with the Blue Jays about Vladimir Guerrero Jr. but also downplays the talks significantly, characterizing the fit as “fantasy baseball.” That aligns with public comments from Toronto’s general manager Ross Atkins, who has often downplayed the likelihood of the Jays trading Guerrero or Bo Bichette.

Martino mentions a reunion with Jesse Winker or signing Anthony Santander as other possible pivots, though he adds that the latter is less likely to come to fruition. For Alonso, if he’s not destined to go back to Queens, he will have to do his own pivot. MLBTR recently looked at some of the clubs that could potentially sign him to a short-term deal, with the Giants, Blue Jays, Red Sox, Angels, Athletics and Tigers some of the options.

Guerrero and the Jays went to a hearing last offseason. The star first baseman proved triumphant and secured a $19.9MM salary rather than the team’s filing figure of $18.05MM. They won’t go through that process this time around. Guerrero agrees to an $8.6MM raise for what’ll be his last trip through the process. That’s a hair below the $29.6MM projection from MLBTR contributor Matt Swartz. He’ll nevertheless be the highest-paid player in this year’s arbitration group. Guerrero wasn’t far off joining Shohei Ohtani and Juan Soto as the only players to eclipse the $30MM mark in arbitration.

The far more intriguing question is whether this will be Guerrero’s final contract with the Blue Jays. The four-time All-Star said last month that the Jays had offered him an extension in the $340MM range. Guerrero indicated that was well below his asking price, which USA Today’s Bob Nightengale has suggested is at or above $450MM. The first baseman said he was willing to continue negotiations until the start of Spring Training. He indicated he would test free agency next offseason if no deal is in place once exhibition play begins.

Guerrero finished sixth in MVP balloting last season. He raked at a .323/.396/.544 clip with 30 homers and 44 doubles. His numbers weren’t too far off what he’d produced when he was runner-up behind Ohtani in MVP voting in 2021. He’s on track to get to free agency at age 27, where he and Kyle Tucker would headline the class.

Based on the lack of free agent activity, the Jays seem to be one of the likeliest teams to land one of the few remaining stars on the open market. However, a report from Shi Davidi of Sportsnet casts some doubt on that possibility. Davidi writes that the Jays “are believed to be on the periphery” of the markets for Alex Bregman and Pete Alonso. Toronto has reportedly made an offer to Anthony Santander, yet Davidi indicates that the Jays do not look like the current favorite to land the former Orioles slugger.

Bregman, Alonso and Santander are the remaining unsigned star-caliber hitters. Jurickson Profar and Ha-Seong Kim are viable regulars but clearly below the preceding trio in terms of offensive impact and earning potential. Giménez stabilizes second base but isn’t a huge threat at the plate. If the Jays come up empty on each of Bregman, Santander and Alonso, they’d be left with trade possibilities to spark a middling offense. Davidi writes that Toronto is actively exploring the trade market but does not identify any specific targets for the team.

[Related: Do The Blue Jays Need More Help On Offense Or In The Rotation?]

The Jays were linked to Juan Soto, Corbin Burnes and Max Fried before they inked significant deals earlier in the winter. They lost the bidding to the Mets on Soto. Burnes signed with the Diamondbacks, at least partially because of geographic ties to Arizona. Davidi writes that the Jays were simply not comfortable with the eventual eight-year, $218MM deal that Fried secured from the Yankees. He indicates that Toronto never made an offer once they realized that the bidding was well beyond where they were willing to go.

Toronto narrowly dipped below the luxury tax threshold late last season. They have around $228MM in luxury tax commitments for this year, according to RosterResource. That puts them $13MM shy of the $241MM base threshold. Any kind of free agent splash would push them into tax territory. Davidi indicates that while the Jays aren’t opposed to going into CBT range, they could decide to keep their tax number below $241MM if they don’t land any marquee targets.

An uncertain direction for the organization has hung over the offseason. Toronto has resisted a rebuild, but they’ve only made a few additions to a team that went 74-88. Vladimir Guerrero Jr. and Bo Bichette are one season from free agency. There has never been much of an indication that they’ll extend Bichette. They’ve made an effort to keep Guerrero but seem far apart with the star first baseman.

Guerrero said last month that the team had offered him around $340MM. The four-time All-Star said that wasn’t close to his asking price and indicated that he’d end extension talks if there’s no deal in place by the beginning of Spring Training. Bob Nightengale of USA Today reported this week that Guerrero was looking for a deal of at least $450MM. Needless to say, that’s a big gap to bridge. That’d be particularly true if Guerrero holds firm to the Spring Training cutoff, though it’s not uncommon for players to continue negotiations past self-imposed deadlines if they feel progress is being made.

Davidi writes that the $340MM offer which the Jays made is believed to have predated Soto’s eye-popping $765MM contract. That may simply be an outlier, but it’s natural that Guerrero — arguably the top free agent in next year’s class — would aim high after Soto shattered all contractual precedents. Guerrero is set for what’ll be the highest salary for any arbitration-eligible player this winter. MLBTR contributor Matt Swartz projects him at $29.6MM. Teams and players will exchange filing figures tomorrow afternoon. That could spur the Jays and Guerrero to work on a one-year settlement to avoid going to a hearing. That would not prevent them from continuing discussions on a long-term deal at a later date.

Guerrero reiterated that he has interest in staying in Toronto, and is “ready to go” in signing an extension if the Jays meet his asking price.  However, “what they offered me is not even close to what I’m looking for,” Guerrero said, noting that Toronto’s most recent offer was worth around $340MM.  Notably, this offer came after Juan Soto signed his 15-year, $765MM deal with the Mets, and completely reset the market for superstar players.

Only limited time may be available to close the gap that exists between the two sides, as Guerrero said that he has let the front office know that he will cease negotiations after the first full day of the Jays’ Spring Training camp.   It is a bit of an unusual self-imposed deadline date, as most players set Opening Day as their unofficial endpoint for reaching an extension.  Obviously an extension can happen at any point before a player enters free agency, yet players generally prefer to keep focused only on baseball once the season begins, and thus contract talks are usually limited to the offseason.

It isn’t uncommon for some deals, of course, to be announced a few days or weeks into April, if talks are on the proverbial five-yard line by Opening Day and just a few final details needed to be confirmed.  Likewise, Guerrero probably isn’t going to end all talks in late February if he and the Jays have worked out most aspects of a very lucrative (and therefore rather complex) extension.  That said, reducing the remaining negotiation window to roughly two months is a pretty public way of increasing the pressure on Toronto’s front office.

This is purely speculation on my part, but the earlier “deadline” could also be Guerrero’s way of leaving the door open for a trade.  If an extension can’t be worked out before Spring Training properly begins and the Blue Jays feel Guerrero won’t re-sign next winter, the Jays could pivot and try to trade Guerrero for some longer-term assets prior to Opening Day.  To be clear, if Toronto spends the rest of its offseason adding talent to take another run at contention in 2025, it would seem far more likely that the Jays just keep Guerrero to keep their roster as strong as possible in what might be something of a final run for the Guerrero/Bo Bichette core.

The length of the $340MM offer wasn’t specified, but a ten-year, $340MM pact produces “only” an average annual value of $34MM per season, which ranks tied for the 15th-highest AAV in baseball history.  Nine years and $340MM is a $37.77MM AAV that ranks as the seventh-highest all-time, topped only by the most recent deals signed by Soto, Shohei Ohtani, Max Scherzer, Justin Verlander, Zack Wheeler, and Aaron Judge.  An eight-year, $340MM pact equals $42.5MM in AAV, putting Guerrero behind only Soto, Ohtani, Scherzer, and Verlander.

Guerrero doesn’t turn 26 until March, however, so an eight-year deal only runs through his age-33 season.  Even a ten-year deal brings Guerrero through just his age-35 campaign, and a longer-term deal in the $340MM range only lowers the AAV to an even greater extent.  It isn’t necessarily clear what Guerrero is looking for in terms of contract length, but in terms of pure dollars, it is easy to see why he would balk at an offer worth slightly more than half of what Soto (who is also entering his age-26 season) received from New York.

From the Blue Jays’ perspective, the gap in production between Soto and Guerrero would justify a gap in earnings, though it isn’t quite as large a divide as one might imagine.  Soto’s huge 2024 campaign with the Yankees boosted his asking price through the ceiling, but looking just at his first six MLB seasons, Soto hit .284/.421/.524 with 160 home runs in 3375 plate appearances, with a 154 wRC+ and 28.2 fWAR.

Through his first six MLB seasons, Guerrero has hit .288/.363/.500 in 3540 PA, with the exact same total of 160 homers, and a 137 wRC+ and 17 fWAR.  For both players, their value is largely derived from their bat, as public defensive and baserunning metrics paint Guerrero and Soto as well below average in both departments.

The Athletic’s Ken Rosenthal recently discussed what it might take to extend Guerrero, and floated the idea of a contract of somewhere between $500MM-$600MM.  Assuming no deferred money would be involved, this would make Guerrero the second-highest paid player in baseball history, behind only Soto.  “Excessive as it might sound to the average fan…keep in mind, the Jays would need to pay a premium for preventing Guerrero from testing the market.  And if they lose him, their already disgruntled fan base might revolt,” Rosenthal writes.

The latter point is another over-arching element of the Guerrero talks, as perhaps no executives in baseball are on as much of a hot seat as Atkins and team president Mark Shapiro.  While the Blue Jays came out of a rebuild to reach the playoffs in 2020, 2022, 2023, the club didn’t win even a single game during those trips to the postseason, and Toronto’s nosedive to a 74-88 record in 2024 could be a sign that the Jays’ competitive window could already be closed.

Toronto’s ardent pursuits of both Ohtani last offseason and Soto this winter indicated that ownership was prepared to go the distance in bidding on top-flight talent, though it remains to be seen if the Jays view Guerrero quite in the same tier those other two superstars.  It was just a year ago that Guerrero was coming off an underwhelming 118 wRC+ in 2023, and there were questions about whether Guerrero was even worth any kind of long-term investment.  For comparison’s sake, Soto’s “worst” full season as calculated by wRC+ was his 2019 campaign, when he posted a 143 wRC+ in 659 PA while also catching fire in the postseason to help the Nationals win the World Series.

Viewing Guerrero in relation to Soto specifically is a comp that Guerrero’s reps at the Prime Agency would likely welcome, as it keeps Guerrero even subconsciously linked to Soto’s elite salary tier.  Rafael Devers’ ten-year, $313.5MM extension with the Red Sox is also frequently mentioned as a Guerrero comp, as Devers was also entering his age-26 season.  Guerrero has some statistical edge (Devers had a 123 wRC+ in his first six seasons prior to his extension) and thus an argument to earn more than Devers got from Boston, but perhaps the Blue Jays’ $340MM-ish number reflects the idea of Guerrero as only slightly better than Devers.

It could also be, of course, that the Jays are willing to pay well above $340MM, but offered that figure as an early gauge on Guerrero’s asking price in the wake of Soto’s contract.  Plenty of time still exists for the two sides to eventually match up on an acceptable extension, and it could be that Guerrero backs off his early-spring deadline if some progress has been made, even if a new deal isn’t exactly imminent.

10:15am: Blue Jays team president Mark Shapiro is currently meeting with the media on the heels of a season he described as a “bitter disappointment” and announced that Ross Atkins will return as the team’s general manager for the 2025 season. “There won’t be a change with Ross,” said Shapiro. (Readers can watch the live press conference via Sportsnet.) The 2024 season was Atkins’ ninth season as Toronto’s general manager after spending 14 seasons as an integral part of Cleveland’s player development department. He signed a five-year contract extension covering the 2022-26 seasons back in April of 2021.

This past season was indeed a disaster for the Jays, who finished out the season at 74-88 — last place in the American League East. The Blue Jays made a spirited run at Shohei Ohtani in free agency last offseason but added primarily complementary pieces after he signed a ten-year deal with the Dodgers. The Toronto front office inked Isiah Kiner-Falefa and Yariel Rodriguez to multi-year contracts, also adding veterans Justin Turner and Kevin Kiermaier on one-year deals (Kiermaier’s second one-year pact with the Jays).

Depth proved to be an Achilles heel for the Jays as injuries mounted. Bo Bichette endured multiple IL stints and was limited to half a season’s worth of uncharacteristically feeble production at the plate. Alek Manoah underwent UCL surgery. Closer Jordan Romano pitched just 13 2/3 rough innings before undergoing arthroscopic elbow surgery. Top prospects Orelvis Martinez (PED suspension) and Ricky Tiedemann (Tommy John surgery) had lost seasons. Meanwhile, key veterans like Kiermaier, George Springer, Danny Jansen, Erik Swanson, Tim Mayza and others turned in performances that were not commensurate with their prior standards. The Jays turned to a host of in-house stopgaps but, particularly in the bullpen, were unable to piece together a serviceable performance.

The end result saw Jansen, Kiner-Falefa, Yusei Kikuchi, Yimi Garcia and Nate Pearson all traded away in deadline swaps for younger talent. The Jays were universally praised for a strong return on Kikuchi, an impending free agent. However, that’s at best a silver lining when considering the team entered the 2024 campaign looking to build on last year’s Wild Card berth into the playoffs and was viewed as a legitimate contender in a deep AL East division.

Heading into the 2025 season, it’ll be incumbent upon Shapiro and Atkins to engineer an immediate turnaround, lest the calls for changes in leadership grow even louder. Asked about the club’s payroll outlook for the ’25 campaign, Shapiro demurred, calling it “early” to ask such a question and suggesting that next month’s GM Meetings or even December’s Winter Meetings would be a time at which he could offer a clearer answer. For now, the club’s president merely suggested he didn’t anticipate player payroll rising or decreasing in a significant manner.

If that’s indeed the case, Atkins will have his work cut out for him. The Jays entered the 2024 season with a club-record $225MM Opening Day payroll. RosterResource currently pegs them for just shy of $125MM in 2025 commitments, not including an arbitration class projected by MLBTR contributor Matt Swartz to cost more than $61MM in total. Add in a slate of league-minimum players to round out the roster, and the Jays are at just over $194MM. There are some likely non-tenders in this offseason’s class of arbitration-eligible players, but the group is headlined by Vladimir Guerrero Jr. and his projected $29.6MM salary, with notable paydays projected for Romano ($7.75MM), Daulton Varsho ($7.7MM) and Alejandro Kirk ($4.1MM) as well.

Asked multiple times about Guerrero’s future, Shapiro generally sidestepped the question. The slugger is entering his final season of club control before potentially becoming one of the most coveted free agents in recent memory. Manager John Schneider recently touted Guerrero as a generational talent. Asked today whether he agreed with that assessment, Shapiro questioned the definition of what constitutes a generational player and suggested that it’s tough to say right now, noting that Guerrero has the “potential” to become such a player but implying that such a label can’t be placed on him this early in his career.

Atkins spoke more directly on the matter of Guerrero’s future, suggesting that ownership will provide the support to make long-term commitments to both Guerrero and Bichette. That doesn’t guarantee an extension for either player will happen, of course, and Atkins noted that it’s “difficult” to construct a contract of such magnitude for even one player — let alone two players. Still, he voiced confidence that the Jays can support long-term deals for both and still have the resources needed to build a competitive roster around what would presumably be a pair of substantial contracts.

With regard to the forthcoming offseason, Atkins spoke generally about the need to be “more aggressive” with external additions to the roster than the Blue Jays were this past offseason, specifically in the bullpen. He also called adding a power bat “low-hanging fruit” but also noted that it’s not as simple as adding a pure slugger, citing a need to look at contact ability, on-base skills, and strengths against specific pitch types.

Asked whether the aforementioned Rodriguez and Bowden Francis have pitched well enough to solidify their spots in the rotation next season, Atkins praised both pitchers for the job they did in the season’s second half. The Jays will be in the market for both depth and “impact” starting pitching, per Atkins, but with Kevin Gausman, Jose Berrios, Chris Bassitt, Rodriguez and Francis all in the fold, the GM said he feels fortunate to not feel a dire need to be in the market for a top free-agent starter.

The manner in which the Jays will pursue upgrades was left fairly open-ended. Both Atkins and Shapiro spoke favorably of the 13 young players Toronto acquired at this season’s trade deadline. Atkins acknowledged that while many of those players are viewed as potential near-term contributors, that influx of talent into the system also opens the door for potential trades involving some of those same prospects. The Blue Jays will explore both the free agent and trade markets as they look to revamp the roster, but it’s clear from both men’s comments today that the club does not plan to take any kind of step back and will endeavor to put a playoff contender on the field next year. That much has been reported at various points since the deadline, but today’s on-record commitment to such an approach from the team’s top two decision-makers is nevertheless notable.

Even as they shopped veteran pieces, the front office wasn’t keen on a huge overhaul. Most of the Jays’ trades shipped off impending free agents (e.g. Yusei Kikuchi, Justin Turner, Yimi García, Trevor Richards, Danny Jansen, Kevin Kiermaier). They moved a couple role players under contract or team control beyond this season, shipping out Isiah Kiner-Falefa and Nate Pearson. Yet they never seemed close to dealing any core players whom they could keep around for 2025.

Chris Bassitt is one such veteran. The right-hander is in the second season of a three-year, $63MM free agent deal. He’s playing on an $18MM salary and will make a matching amount next year. Bassitt finished tenth in Cy Young balloting a season ago. This year’s work has been solid but not as impressive, as he carries a 4.34 ERA through 139 frames.

There was an argument for the Jays to shop Bassitt this summer, especially if they could find a taker for his entire ’25 salary. While he remains an effective pitcher, he’ll be going into his age-36 campaign on a roster that needs a lot of work next offseason. Sportsnet’s Ben Nicholson-Smith reported five days before the deadline that the Jays had no intention of moving either Bassitt or Kevin Gausman, though. Neither pitcher found himself in any trade rumors of substance.

In an interview with Chris Rose of Jomboy Media last week (YouTube link), Bassitt said that the Toronto front office made clear early in the process that he would not be traded. “There (were) a lot of articles and a lot of people saying that I was leaving or should be leaving. They told me I wasn’t leaving,” Bassitt said. While he didn’t specify the exact time of that conversation, he added that he “knew for a while” in advance of the deadline that he wasn’t moving. Bassitt acknowledged some disappointment that he wasn’t in position to battle for a playoff spot this year, though he added that he’s optimistic about the organization’s desire to make another effort to compete in 2025.

Talented as Bassitt is, he’s only the third-most important Blue Jays player who is on track for free agency after next season. Vladimir Guerrero Jr. and Bo Bichette will be two of the headlining pieces of the 2025-26 free agent class. GM Ross Atkins made clear early in deadline season that the Jays had no interest in trading either. There’s no indication they ever seriously reconsidered even as the team fell firmly out of ’24 playoff contention.

Asked by Rose whether the Jays should’ve traded or extended Guerrero this summer, Bassitt expressed some optimism that the Jays will be able to keep him around for the long haul. “I don’t know this, I don’t want to speak for him on this, but I think Vladdy wants to be a Blue Jay for the rest of his career. I don’t think he wants to leave,” the pitcher opined. “I don’t think it’s a super, super, super rush to get an extension done. They obviously didn’t trade him because they don’t want him to be in another uniform. … I think both sides want to be together. I don’t think it’s a bad relationship.”

Guerrero is playing this year on a $19.9MM salary. He should exceed $25MM and could push near $30MM for his final arbitration season. After a slow start to the season, Guerrero has been on a massive tear since the beginning of May. He’s up to a .317/.390/.552 slash with 26 home runs across 543 plate appearances. This has been Guerrero’s best year since his MVP runner-up campaign in 2021. He’s on track to get to free agency in advance of his age-27 season and could command a deal that exceeds $300MM.

Over the weekend, USA Today’s Bob Nightengale wrote that the Jays indeed remain hopeful of working out an extension with Guerrero before he gets to free agency. Nightengale suggests there’s less optimism about an extension with Bichette, writing that the Jays could field trade offers on the shortstop during the upcoming winter if they don’t feel they’ll make progress on an extension.

This would arguably be a poor time for either a trade or an extension. Bichette has had by far the worst season of his career. He’s hitting .222/.275/.320 with only four homers through 331 trips to the plate. The two-time All-Star has had a pair of injured list stints because of right calf issues. He has been out of action for exactly a month with a notable calf strain and seems unlikely to return until some point in September.

Unlike Guerrero, Bichette has a fixed salary next year. He’ll make $16.5MM in the final season of the three-year deal he signed to buy out all his arbitration years. There’d still be ample trade interest if the Jays shopped him. The free agent shortstop class, headlined by Willy Adames and Ha-Seong Kim, isn’t as barren as this past winter’s was. Things fall off quickly after Kim, though, and there aren’t many everyday shortstops who seem likely to be on the trade block. Bichette arguably still carries a higher offensive ceiling than any other shortstop who could reasonably be available in either free agency or trade.

Whether that’ll result in a deal remains to be seen. Atkins said as recently as last month that the Jays are hopeful of keeping Guerrero and Bichette for the long haul. Jon Heyman of the New York Post wrote shortly before the trade deadline that past extension talks with both players hadn’t made much progress. Heyman suggested at the time that the Jays didn’t have a great chance of extending Bichette — aligning with Nightengale’s recent report. Even if that is the case, trading Bichette would dig another hole for a team that believes it can rebound next season. Rookie Leo Jiménez has taken over shortstop in the past month. He’s hitting .221/.307/.368 with subpar strikeout (32.1%) and walk (5.5%) rates in 34 games.

Unsurprisingly, Toronto has become a deadline seller. The front office reportedly isn't interested in any kind of large-scale rebuild, however, and is focused on primarily selling off rental assets. Reliever Yimi Garcia has already been traded to the Mariners. Starter Yusei Kikuchi and the aforementioned Turner are among the candidates to change hands. That'll bring back some modest returns in terms of prospects. It's also not sufficient for a team in Toronto's situation.

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With less than three weeks until the deadline, time is running out for the Jays to avoid selling. On June 27, GM Ross Atkins called the next few weeks “exceptionally important” in determining the team’s direction. The Jays have gone 5-7 since then.

Unsurprisingly, that looks like it’ll leave the front office to contemplate dealing short-term pieces. Mark Feinsand of MLB.com wrote last night that the Jays have indicated to other teams that they’re willing to move impending free agents. Feinsand suggested that Toronto is still disinterested in dealing players who are under team control beyond this season. Feinsand left open the possibility of Toronto holding onto players if they author a dramatic turnaround in the next couple weeks, but he noted that the Jays “are prepared to sell” if they don’t reverse course quickly. Including tonight, they have 16 games until the deadline.

A reluctance to trade controllable players aligns with Atkins’ prior public comments. The GM said in early June that moving Vladimir Guerrero Jr. or Bo Bichette — each of whom are slated for free agency at the end of next season — “just doesn’t make any sense for us.” While Atkins didn’t categorically shoot down the idea of moving any other players, a reluctance to deal Guerrero and Bichette indicates the team expects to rebound in 2025.

Even if the Jays focus trade discussions on rentals, the roster could look very different in a few weeks. Toronto has six impending free agents, each of whom has a realistic chance to go. That group is headlined by Yusei Kikuchi, who slots alongside Jack Flaherty as the top rental starting pitchers who should be available.

Kikuchi is coming off one of the best outings of his career. The lefty set a personal high with 13 strikeouts over 7 1/3 innings of two-run ball in San Francisco yesterday. He has allowed an even four earned runs per nine through 101 1/3 innings. Kikuchi has fanned an above-average 26.1% of opponents while cutting his walks to a career-low 5.4% clip. Home runs have always been an issue for the veteran southpaw, particularly against right-handed hitters. Yet Kikuchi is working on a second straight season with an ERA around 4.00 with plus strikeout and walk numbers.

This is the final season of his three-year, $36MM free agent deal. The contract was frontloaded, so Kikuchi is making just $10MM this year. Around $3.28MM would remain at the deadline. That should be affordable for most contenders. Kikuchi would be a realistic qualifying offer candidate if the Jays don’t trade him. If Toronto exceeds the luxury tax threshold, they’d only receive a compensation pick after the fourth round in the 2025 draft if a qualified free agent signs elsewhere.

That’s also a potential factor for Danny Jansen, who is the top impending free agent catcher. Jansen’s free agent and trade appeal looked a lot stronger as recently as a month ago. The righty-hitting backstop carried a .287/.371/.535 batting line into June. He has hit an ill-timed power outage in the past six weeks. Jansen has gone without a homer while running a .122/.241/.162 slash since the end of May. His season line (.217/.315/.377 over 203 plate appearances) is exactly league average, as measured by wRC+.

Despite the slump, the Jays should still get calls on Jansen. There aren’t likely to be many starting caliber catchers available this summer. Jansen has shown that kind of talent throughout his career, though his value has generally been undercut by a lengthy injury history. Even if he’s not currently in top form, Jansen has excellent strike zone discipline with double-digit home run power. He’s a quality receiving catcher but doesn’t have a great arm. The 29-year-old is making $5.2MM in his final arbitration season.

Kevin Kiermaier and Justin Turner are both playing on one-year free agent deals, respectively valued at $10.5MM and $13MM. They’re established veterans who could generate some interest for a bench role on a contender. The Jays would likely need to pay down most of the money to facilitate a trade of either player, though. Kiermaier remains an excellent defensive center fielder but has a career-worst .187/.232/.295 batting line over 181 plate appearances. The 39-year-old Turner is hitting .240/.347/.360 with five homers over 294 trips to the plate. He is working mostly as a designated hitter with sporadic reps at the corner infield spots.

Relievers Yimi García and Trevor Richards are the final two impending free agents. García, who is playing on a $6MM salary, got out to an excellent start to the year. He fired 28 innings of 2.57 ERA ball with a huge 34.6% strikeout rate over 27 appearances. An elbow issue sent him to the injured list in mid-June. García is on a rehab assignment with Triple-A Buffalo. Keegan Matheson of MLB.com tweets that neck stiffness has delayed him but the Jays are hopeful that García will be ready for reinstatement this weekend.

Richards, who is making just $2.15MM in his last arbitration season, owns a 3.40 earned run average in 47 2/3 frames. The changeup specialist has fanned a quarter of opponents against a 9% walk rate. Richards doesn’t have eye-popping velocity and this year’s 10% swinging strike rate is the lowest of his career. He’s best suited for a middle relief role but should have some appeal on the trade market as an affordable multi-inning arm.

Moving the bulk or all of those players could have significant financial ramifications for the organization. RosterResource estimates the organization’s luxury tax commitments just north of $247MM. Cot’s Baseball Contracts calculates the team’s CBT mark closer to $250MM. Those outside projections put the team $10-13MM above this year’s $237MM base tax threshold. An organization’s competitive balance tax number is calculated at the end of the season.

If the Jays commit to selling, they could get close to or below the tax line. They should be able to offload the prorated portions of Kikuchi’s $12MM and Jansen’s $5.2MM respective CBT numbers. If García is healthy, they could probably find a taker for what remains of his contract. Depending on what portion of the Kiermaier and Turner money another team might be willing to eat, there may be a path to getting their CBT number under $237MM. That would reset the team’s tax bracket and free them from the escalating penalties as a repeat payor if they decided to spend back above the tax line in 2025.

Getting under the CBT marker would be much easier if the Jays were willing to go beyond the rentals. Guerrero, Bichette, Chris Bassitt, Kevin Gausman, José Berríos and Chad Green are all on notable arbitration or multi-year salaries. Moving anyone from that group would make a return to competitiveness in 2025 more of an uphill battle, of course. It doesn’t seem that’s an avenue the front office is eager to take. It remains to be seen if they’ll more seriously consider that kind of roster overhaul over the coming weeks.

It’s certainly not where the Jays expected to find themselves at the season’s halfway point. Toronto had won between 89 and 92 games in each of the past three seasons and has gotten to the postseason in three of the last four years. They should be squarely in their competitive window.

That sets the Jays up as one of the more interesting pivot teams over the next month. They’re not eager to sell, but they’re running low on time to play their way back into the playoff mix. Toronto is 6.5 back in the Wild Card race. Any hope they had of winning the division coming into this year has long since disappeared.

GM Ross Atkins acknowledged the team’s precarious position when he spoke with the Toronto beat before Thursday’s win. “We’ve obviously put ourselves into a tough spot over the last seven days,” Atkins said (link via Keegan Matheson of MLB.com). “Ten days ago, we were feeling like there was positive momentum, and that has gone away.”

Jeff Passan of ESPN wrote earlier this week that the Jays weren’t yet willing to make key players available in trade. Atkins suggested similarly in his comments on Thursday, saying the front office’s “focus is on the 2024 team.” While the GM acknowledged that any decision also involves consideration of the future, he pointed to the organization’s investment in both payroll and prospect capital in this roster. “We’ll continue to do that until it doesn’t make sense to do so any more,” he added.

That naturally raises the question of when the front office could decide they have no choice but to turn their focus toward the future. That’ll largely depend on how things play out in the next four to five weeks — both in Toronto and around the rest of the American League. “The coming days are exceptionally important to us, and understanding the market is also exceptionally important to us in either way,” Atkins said (via Matheson). “We’re focused on winning. We’re focused on building the best possible team we can this year and supporting them the best we can. If we get to a point where we need to adjust, we’ll be prepared to do so.”

Toronto isn’t unique in that regard. There are only five or six (depending on one feels about the Tigers) teams who look like clear-cut sellers at this point. Yet there aren’t many more who can feel secure about their chances of getting to the postseason. Upwards of half the teams in the league could decide their deadline direction based on how they perform in July. Various clubs could also try to straddle the line by offloading some veterans while looking for immediate help in other areas of the roster.

The Jays have a more established roster than most of those fringe teams. Toronto has potentially impactful trade candidates with varying levels of club control. Neither Danny Jansen nor Yusei Kikuchi has played well in recent weeks, yet they’d both started the season quite well. Jansen is the top impending free agent catcher, while Kikuchi would be one of the more talented rental starting pitchers on the market if the Jays made him available.

Yimi García is pitching well and would be a straightforward target for teams seeking veteran bullpen help if he’s healthy by the deadline.  (He went on the injured list with elbow neuritis two weeks ago.) Justin Turner and Kevin Kiermaier are having disappointing seasons. While the Jays would probably have to kick in cash to facilitate trades of either player, they could get calls based on their pre-2024 track records.

Things would become more interesting if the Jays seriously considered moving key players who are under control beyond this season. That would signify a bigger reset than merely trading rentals. There’s an argument for doing so if the Jays can’t claw back into contention over the next few weeks. Toronto has a handful of players who are in or at the back end of their primes. They’ve got dwindling control windows on franchise faces Vladimir Guerrero Jr. and Bo Bichette, each of whom are slated for free agency after the 2025 campaign. Bichette will make $16.5MM next season, while Guerrero is going to be due a noteworthy raise on this year’s $19.9MM salary.

Atkins bluntly shot down the notion of trading either star hitter earlier this month. That presumably won’t stop teams from calling to gauge whether the Jays are willing to reconsider. Bichette himself told Hazel Mae (X link) that he wouldn’t be surprised if the Jays moved him, though that’d presumably change if the team plays its way back into contention.

Guerrero is amidst arguably the second-best offensive season of his career. He’s hitting .289/.370/.447 across 351 plate appearances. While he hasn’t hit for the same level of power he did in 2021-22, Guerrero has the second-highest average and on-base mark of his career. Bichette hasn’t performed to his usual standard, running a personal-worst .232/.282/.333 slash line over 287 trips. While that’d arguably make this summer an inopportune time to move him, Bichette would surely still draw ample attention if the Jays put him on the market. There aren’t many everyday shortstops who seem likely to be available.

Beyond that duo, the Jays have a handful of controllable players who could generate calls, particularly on the pitching side. Jordan Romano has spent the past month on the injured list with elbow inflammation. He’s a two-time All-Star closer who is under arbitration control through next season, though. Romano recently resumed throwing from 120 feet on flat ground (via the MLB.com injury tracker). Chris Bassitt is making $22MM this season and next. He turned in a 3.60 ERA over 33 starts a year ago and has worked to a 3.45 mark with decent strikeout and walk numbers over 91 1/3 innings. Trading Kevin Gausman, who is under contract through 2026, still seems unlikely unless the front office kicks off a more significant reboot.

If the Jays perform the way they’re hoping over the next month, adding to the bullpen and deepening the lineup would be the likely priorities. The Romano and García injuries — paired with Erik Swanson’s struggles — have contributed to the Jays running out one of the least consistent relief groups in the majors. The bottom half of the lineup hasn’t performed up to expectations either. That’s largely due to underperformance from the likes of Bichette, Turner, Kiermaier and George Springer. The Jays also entered the season with questions at second and third base. They’ve plugged rookie Spencer Horwitz into regular action at the keystone while free agent signee Isiah Kiner-Falefa (who has somewhat quietly impressed with a .283/.333/.402 showing) has gotten the bulk of the third base reps.

Of course, such a deal would be predicated on Toronto actually making Guerrero available. Toronto is tied for fifth place in the AL East with a 31-33 record but currently sits just two games out of the final AL Wild Card spot, making a postseason push more than feasible in the event that the Jays manage to turn things around. Even if they don’t manage to climb back into contention, club GM Ross Atkins recently took to the radio to emphasize that trading either Guerrero or fellow star infielder Bo Bichette “doesn’t make any sense” for the Blue Jays to consider. This sort of deal would also surely require the Cubs themselves to turn things around prior to the trade deadline. While Chicago is just one game out of an NL Wild Card spot at the moment, their 31-34 record puts them mere percentage points ahead of the Cardinals for last place in a crowded NL Central division after a brutal skid that has seen them go 7-17 over their last 24 games.

All those caveats make it appear unlikely that a deal between the Jays and the Cubs will actually come together, although it’s worth noting that things can certainly change with nearly two months to go until deadline day. The idea that the two sides could come together on a Guerrero deal certainly has some logic to it, even as plenty of roadblocks remain in the way of a trade occurring. Reporting from ESPN’s Jeff Passan earlier this week indicated that the Jays are unlikely to set a course for their trade deadline strategy until after the All Star break, while Cubs president of baseball operations Jed Hoyer recently made note of the fact that the club has struggled with power production this season and indicated that he could look to address that issue ahead of the deadline.

If the Cubs are looking for power, Guerrero would certainly provide it. A three-time All Star in the midst of his age-25 season, the slugger has slashed a combined .284/.364/.498 with 113 home runs in 541 games since his breakout 2021 season where he led the majors with 48 long balls and finished second to Shohei Ohtani in AL MVP voting. In addition to his impactful offensive ability, Guerrero could be a particularly attractive trade candidate for Chicago due to his remaining team control. Most other speculative trade candidates who could add some thump to a lineup, such as Alex Bregman, Pete Alonso, and Christian Walker, are set to become free agents after the 2024 campaign. Guerrero, on the other hand, is currently slated to hit free agency after 2025. That would not only give Chicago an additional full season of team control over Guerrero’s services, but also give them the opportunity to extend him a Qualifying Offer in the event he departs in free agency.

Guerrero has almost exclusively appeared at first base and DH in recent years, where the Cubs have relied primarily on Michael Busch and Mike Tauchman this season. While the pair have been perhaps the Cubs’ most effective hitters this year, neither player figures to get in the way of a trade for a player of Guerrero’s caliber. Busch has cooled off somewhat after a hot start to the year in April and is striking out a 33.8% clip on the season, while Tauchman turns 34 in December and is unlikely to be viewed as a long-term piece even in spite of his excellent play with the Cubs over the past year. For an impact talent like Guerrero, the Cubs would surely be willing to push Tauchman into more of a fourth outfielder role while still allowing him to draw some starts on days where Busch sits. It’s even possible that the Cubs could look to free up more playing time by getting Guerrero occasional time at third base, as the Blue Jays have started to do for the first time since moving him off the position back in 2019.

Guerrero offers little in terms of defensive value at the hot corner, but the Cubs’s options at third are hardly defensively robust in their own right. Christopher Morel has gotten the lion’s share of playing time at the position this year but has received terrible ratings from defensive metrics. His -11 Outs Above Average is dead last among all qualified fielders this year according to Statcast, while his -8 Defensive Runs Saved is tied for last among all qualified infielders according to Fielding Bible. Patrick Wisdom, Nick Madrigal, and David Bote have all also seen occasional time at the hot corner for the Cubs this year, but none of them profile as quality defenders at the position themselves. If the Cubs share in Toronto’s willingness to give Guerrero even occasional starts at third base, that could allow manager Craig Counsell plenty of room to mix and match as he juggles Guerrero, Morel, Busch, and Cody Bellinger between the infield corners while also utilizing Bellinger alongside Tauchman, Ian Happ, Seiya Suzuki, and Pete Crow-Armstrong in the club’s outfield mix.

There’s some logic behind that sentiment, to be sure. The Jays may be buried with a 14-game deficit in the division, but they’re also only four games back of the third AL Wild Card spot at the moment. That’s despite the fact that key bats like Bichette, Guerrero, George Springer and offseason signee Justin Turner have underperformed. (Turner had a blistering April but fell into perhaps the worst slump of his career in May.) It hasn’t manifested yet, but the talent is certainly there for the Jays’ offense to go on a run and surge back into the playoff picture.

Any fans hoping for a proactive trade to boost the offense or an early waving of the white flag appear to be in for a letdown, however. ESPN’s Jeff Passan reports that the Jays aren’t planning to make any firm calls on their deadline approach until after the All-Star break.

Some could read that as an indication that if the Jays’ standing in the Wild Card race dramatically falls off, perhaps they’ll reconsider moving Bichette and/or Guerrero. While there are few absolutes in the game — the Nationals famously traded Juan Soto less than two months after GM Mike Rizzo publicly proclaimed he would not do so, for instance — the overwhelming majority of instances where an executive goes on record to publicly downplay such a possibility tend to play out just as the GM or president in question indicates. That said, with Jansen, Kikuchi, Bassitt, Isiah Kiner-Falefa, Yimi Garcia, Kevin Kiermaier and others all signed/controlled only through this season or next, the Jays would still have plenty of attractive trade chips if they do end up as sellers.

That All-Star break target for a final call gives the current roster about six weeks to right the ship and prove that there is indeed a playoff-caliber club here — as was the general expectation heading into the season. The Jays are already getting creative in ways to change up their defensive alignment in an effort to get more bats in the lineup, giving Guerrero some starts at third base for the first time since 2019. It’s not an everyday arrangement, but manager John Schneider has suggested Guerrero could play there every five or six games or so, giving Toronto an avenue to have Guerrero and Justin Turner at the corners with both Jansen and Alejandro Kirk in the lineup (one at DH, the other at catcher).

Some may wonder why the Jays don’t simply play Turner at third base with more regularity, given that it’s been his primary position in an excellent big league career. But the 39-year-old Turner has made 11 starts at the hot corner between Boston and Toronto over the past two seasons and committed a glaring five errors in that time. While Guerrero isn’t going to provide plus defense himself, it seems the Jays prefer him to Turner from a defensive standpoint. Turner hasn’t played third base for the Jays since May 7.

Moving Guerrero to third base on occasion isn’t the only defensive shuffle that could be on the horizon, though. Sportsnet’s Ben Nicholson-Smith points out that Toronto has begun getting first baseman Spencer Horwitz reps at second base down in Triple-A and could soon look to him as a second base option at the big league level. Horwitz has now made 11 starts and tallied 87 innings at the position. It’s not an overwhelming amount of experience, but with Horwitz boasting an outrageous .332/.455/.510 slash in 255 plate appearances at the Triple-A level, the Jays are understandably seeking more ways to get him into the lineup.

The added flexibility will give Schneider some more ways to creatively construct his lineup. The ostensibly looming promotion of Horwitz will require Toronto to jettison one position player from the roster, and Toronto has a number of underperforming options to consider. Daniel Vogelbach has been limited to DH against right-handed pitching and managed only a .203/.282/.328 slash on the season. The aforementioned Kiermaier is hitting only .202/.254/.303, though he remains an elite outfield defender. Cavan Biggio’s .200/.323/.293 marks his fourth straight year of middling results at the dish.

However the Jays choose to proceed, getting Horwitz onto the big league roster in the near future seems prudent, particularly with Guerrero and Bichette beginning to turn things around at the plate. Guerrero entered today’s game hitting .356/.433/.477 over his past 150 plate appearances and has already launched a three-run homer. Bichette’s slow start lasted longer, but he entered play Thursday with a .303/.324/.470 batting line over his past 16 games (68 plate appearances).

Trading either of Vladimir Guerrero Jr. or Bo Bichette would be the most seismic moves Toronto could make if the team did decide to sell at the deadline.  The duo have been the faces of this era of Blue Jays baseball, but since both are scheduled to become free agents after the 2025 season, it isn’t yet clear if either player will truly be in Toronto for the long term — whether due to the Jays’ overall struggles, or the team’s own hesitation about making a big financial commitment to players with inconsistent performance.

In either case, Jays GM Ross Atkins pushed back against the idea of a Guerrero/Bichette trade in an interview today on SiriusXM’s MLB Network Radio, and reiterated that the Blue Jays “believe in their futures and hope that there is a way they can play here for a long time.”  In regards to possible extensions, Atkins said “of course we have dialogue with them” about such multi-year deals, “and that is something that will continue.”

This belief would seem to preclude the idea of Guerrero or Bichette being moved at the deadline.  Atkins said he was “disappointed” in a recent report from MLB.com’s Mark Feinsand, which featured a quote from an unnamed AL executive who said Toronto wasn’t “opposed to” moving one of their two cornerstones, and have “talked to teams about it,” though “the asks were ridiculous.”

Atkins didn’t deny that some conversations had taken place with other front offices about Guerrero and Bichette, but in the sense that that the other teams were floating the idea of a trade, not the Jays themselves.  Trading Guerrero or Bichette “just doesn’t make any sense for us…There will be occasional times as you’re talking to other executives, that they’ll ask if we’ll consider, and we just say it’s not something that we have spent any time on.  Because they are so talented and such great teammates, they are attractive to other teams, so [others] will call.”

It is common practice for executives to check in on all sorts of players, simply out of due diligence just in case a rival team might be open to moving a player not known to be available, or if such a player could be available at a lower-than-expected price.  Technically, a trade that “doesn’t make any sense for” in Atkins and the Blue Jays in early June could start looking a lot more sensible if the team is still struggling in late July, and some early groundwork laid by an interested suitor could make them Atkins’ first call at the deadline if the Jays did change direction.

That said, Atkins expressed confidence that better things were ahead for his team, noting that the two players have been hitting better after posting rough numbers in April.  Guerrero in particular has been hot, hitting .366/.458/475 in 118 plate appearances and 26 games from May 1 through June 1, even if he had hit only two home runs in that span.  Bichette has also posted a .318/.356/.471 slash line in his last 90 PA.

Even with the two stars producing, however, the Blue Jays as a whole have continued to struggle to score runs.  George Springer has continued to struggle, Daulton Varsho has cooled off after a solid April, and the improvements from Guerrero and Bichette have been countered by Justin Turner’s bat suddenly going ice cold over the last month.  As a collective group, the Jays are also near the bottom of the league in hitting with runners in scoring position.

With offensive production at a premium, the Jays’ lineup today had the unexpected twist of Guerrero’s return to third base.  Guerrero made his MLB debut as a third baseman in 2019, but hasn’t played the position at all since, apart from two late-game cameos at the hot corner.

Atkins said that the decision to use Guerrero at third base was “something we’ve been working on collectively…and that’s another way for us to deploy a lineup that maybe creates a little more offense.”  Manager John Schneider said the same following today’s 5-4 win over the Pirates, telling Sportsnet’s Ben Nicholson-Smith and other reporters that Guerrero could perhaps play one of every five or six games as a third baseman.  Turner or Daniel Vogelbach could then be used at first base or DH, or one of the Jays’ two catchers (Danny Jansen or Alejandro Kirk) could get a DH day while the other backstop is also in the lineup and behind the plate.

After Matt Chapman departed in free agency, Ernie Clement and offseason signee Isiah Kiner-Falefa have more or less split the playing time at third base this season, with Turner, Cavan Biggio, Addison Barger, and now Guerrero getting a few stray appearances.  Kiner-Falefa has also seen a good chunk of action at second base, and he has performed well in this virtual everyday role.  Not only is IKF delivering his customary strong defense, but he is also hitting .268/.315/.399 in 182 PA, for what would be a career-high 105 wRC+.

The Playoff Odds at FanGraphs currently give them a 17.9% of getting into the postseason, though the PECOTA Standings at Baseball Prospectus are more bullish and still give the Jays a 30% shot. A sudden hot streak could certainly change those numbers in a hurry, but as the sand keeps falling through the hourglass, the club will have to think about how they handle a summer where they are unexpectedly out of contention.

Right-hander Kevin Gausman didn’t mince his words when assessing the situation yesterday, per Rob Longley of The Toronto Sun. “The reality is if we don’t play well, this team will not be together for much longer,” Gausman said. “It might make another year. It might make another year and a half. It might make a couple of months. That’s just the reality.”

There are various ways to play things when dealt a hand like that. Last year’s Cardinals, for instance, decided to only trade away impending free agents and keep the core intact for another shot at contention in 2024. They flipped impending free agents Jack Flaherty, Jordan Montgomery, Chris Stratton, Jordan Hicks and Paul DeJong to add some younger players to the system but kept most of the roster in place, then added to it by signing veterans like Sonny Gray, Kyle Gibson and Lance Lynn.

If the Jays were to take that path, their impending free agents are Yusei Kikuchi, Justin Turner, Kevin Kiermaier, Yimi García, Daniel Vogelbach, Danny Jansen and Trevor Richards. Kikuchi had a 3.86 earned run average last year and is down to 2.64 this year, so he would certainly have interest. García is striking out 35.3% of batters faced this year and has a 0.47 ERA. Richards has a 2.91 ERA and 29.4% strikeout rate. Trading catchers is a bit tricky midseason because of the challenges of learning a new pitching staff, but Jansen hits enough that he could appeal to a club looking for a guy to serve as a designated hitter and occasional backup catcher. Kiermaier isn’t hitting much this year but could certainly make for a glove-first fourth outfielder on a contending club. Turner and Vogelbach aren’t having great years and would need to get hot to have some trade value.

Even with trading Kikuchi, the club could go into 2025 with a strong starting rotation to build around. Gausman, José Berríos, Chris Bassitt and Alek Manoah are still under contract or club control next year, as are Yariel Rodríguez, Bowden Francis, Ricky Tiedemann and Adam Macko.

The larger and more difficult questions for the Jays will involve looking deeper into the future. They have a large number of players who are set to be free agents after 2025, with Vladimir Guerrero Jr. and Bo Bichette being the most notable, though the list also includes Bassitt, Jordan Romano, Chad Green, Isiah Kiner-Falefa, Cavan Biggio, Tim Mayza, Erik Swanson and Génesis Cabrera.

Mark Feinsand of MLB.com recently explored the idea of Bichette and Guerrero being available and asked an anonymous executive about it. “I don’t think they’re opposed to it,” the executive said of the Jays. “They’ve talked to teams about it. The asks were ridiculous, but I think they’re going to try to retool a lot, and using those guys to get pieces may be the way to do it.”

There’s nothing necessarily surprising in that. Front office members discuss all kinds of trade scenarios that never come to fruition. Given where the Jays are in the standings, it’s logical that general manager Ross Atkins and his team would explore their options. And it’s also sensible that they would set a massive asking price with still over two months until the deadline.

Whether they pull the trigger on a deal for Guerrero or Bichette or both will depend on various factors. The club’s record here in 2024 would obviously be one factor, as would the organization’s perspective on their chances at another shot at contention in 2025. Naturally, the kinds of offers being put on the table will also be significant and it’s fair to wonder what kind of shape they would take right about now.

Bichette hit .299/.340/.487 in the past five seasons for a 127 wRC+ but is slashing just .226/.284/.327 here in 2024, which translates to a 77 wRC+. He has lowered his strikeout rate to 14.8%, which would be a career low by a significant margin, but he has just two home runs so far. His .257 batting average on balls in play is well below the .349 mark he carried into the year but he’s also not squaring the ball up like before. His 4.2% barrel rate this year is less than half his career clip of 9.4%. His exit velocity and hard hit rates still look comparable to previous years, so rival clubs would undoubtedly have interest in acquiring Bichette and getting a bounceback, but the Jays wouldn’t exactly be selling high if these kinds of numbers hold for the next few months.

Guerrero’s not in a hole like Bichette, as he’s slashing .279/.374/.385 for the year. He only has four home runs but is drawing walks at a 12.6% rate. His overall offensive production translates to a 123 wRC+. That’s nothing to sneeze at but it’s also not the elite production he showed back in 2021, when he hit 48 home runs and slashed .311/.401/.601, and it just barely cracks the top ten among qualified first basemen in the league this year. Given the gap between his ceiling and his current performance, perhaps the offers from other clubs won’t match up with what the Jays are expecting.

There’s also the public relations question of whether the club wants to send out the two players who have been the collective faces of the franchise since before they even made it to the major leagues. There are some players putting up intriguing numbers in Triple-A Buffalo this year, with each of Addison Barger, Nathan Lukes, Spencer Horwitz, Steward Berroa, Leo Jimenez, Will Robertson and Orelvis Martinez currently having a 112 wRC+ or higher in more than 100 plate appearances this year. Perhaps there’s an argument for opening up playing time for some of the guys in that group, but none of them have the same level of prospect pedigree nor the name recognition of Guerrero or Bichette, making it a questionable move from both a roster construction angle and a PR point of view.

Perhaps the Jays won’t get an offer that’s enticing enough to make them cross this threshold. Maybe they keep the gang together for another shot in 2025. Perhaps they go on a hot streak and make this all moot. After all, they are only 3.5 games back of a playoff spot at this moment.

But if they stay on the fringes of the race, they have some tricky decisions to make. Trading rentals would be the easy part if they stay behind the rest of the Wild Card pack. Whether to move on to guys with extra control will be a trickier decision. It would likely reduce the club’s chances in 2025 but could be their best path to restocking their farm system, depending on what kind of offers they get. With so many players set to hit free agency either this year or next, there would surely be some temptation to infuse the system with young and controllable talent at this year’s deadline, if the opportunity to do so is there.

They would also free up a bit of payroll space in the process. Bichette is making $11MM this year and will make $16.5MM next year. Guerrero is making $19.9MM this year and will be set for a raise via arbitration into the $25-30MM range next year. The Jays could then pivot to the free agent market, as they don’t have a massive amount on the long-term books. Only Gausman, Berríos, Rodríguez and George Springer are under contract past 2025. By 2027, Berríos is the only significant contract on the books. His deal only goes through 2028 and he can also opt out after 2026.

Taking all of that into account, it will be an important summer for the Blue Jays. In the months to come, the games on the field and the conversations taking place off of it will undoubtedly be playing a huge role in the future of the franchise.