Vladimir Guerrero Jr. and the Toronto Blue Jays avoided salary arbitration by agreeing to a $28.5 million one-year contract, marking a significant financial milestone for both parties.
Guerrero previously achieved a record arbitration figure of $19.9 million, while Juan Soto set a new high in the previous year with a $31 million deal.
There are 155 players eligible for arbitration, with most expected to agree to terms before hearings set from January 27 to February 14.
Teams have historically held an edge in arbitration decisions, but players made modest gains last winter, flipping their record in hearings for the first time since 2019.
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