The first baseman, who is also used as a designated hitter, banked $7.9 million last season.
Guerrero hit .274 in the 2022 campaign, with 32 home runs and 97 RBIs. He played in a second straight All-Star Game and also won a first Gold Glove.
Of the 12 Blue Jays players who are eligible for salary arbitration, only Bo Bichette has yet to sign an agreement.
The shortstop had 189 hits, leading the American League for the second straight season. He had a .290 batting average, 24 home runs and 93 RBIs.
If the Blue Jays and Bichette can’t reach an agreement, there will be a hearing before three arbitrators in St. Petersburg, Fla., between Jan. 30 and Feb. 17.
Pitchers Adam Cimber ($3.15M), Tim Mayza ($2.1M), Trevor Richards ($1.5M), Jordan Romano ($4.54M), Erik Swanson ($1.25M) and Trent Thornton ($1M), receiver Danny Jansen ($3.5M), infielders Cavan Biggio ($2.8M) and Santiago Espinal ($2.1M) as well as outfielder Daulton Varsho ($3.05m) signed on to their new pact.
