Why Anthony Santander’s complicated Blue Jays contract could make it easier for Toronto to keep adding talent

The Toronto Blue Jays signed slugger Anthony Santander to a five-year, $92.5 million contract with heavy deferrals that lower the present day value and annual competitive balance tax charge. The contract includes a signing bonus, escalating salaries, and a club option for 2030. Santander can opt out after 2027, but the Blue Jays can void it by increasing his base salaries. The deferrals save Toronto over $9 million per year against the CBT. Cot’s Baseball Contracts projects the Blue Jays’ 2025 CBT payroll at $254.1 million, showing their willingness to spend big. Talks with free agent Pete Alonso are progressing, indicating Toronto’s continued pursuit of impactful players. Alonso could potentially share first base and DH duties with Vladimir Guerrero Jr., allowing Santander to play in the outfield. The Blue Jays are looking to add another big bat and possibly a starting pitcher, with Alonso’s deferrals potentially aiding in retaining Guerrero long-term. The New York Mets have reportedly offered Alonso a three-year deal worth $68-70 million.

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