Vladimir Guerrero Jr. won his arbitration hearing against the Toronto Blue Jays

All-Star first baseman Vladimir Guerrero Jr. will make $19.9 million next season after winning arbitration with the Toronto Blue Jays on Wednesday.

At the Jan. 11 filing deadline, Guerrero and the team totaled $1.85 million, with Guerrero asking for $19.9 million in 2024 and the team offering $18.05 million. The two sides did not reach an agreement before Tuesday's hearing, which meant his 2024 salary was determined by a three-judge panel.

He plans to hit free agency after the 2025 season.

It was the largest amount awarded to a player in the arbitration process. Guerrero's former Toronto teammate Teoscar Hernandez tied the previous record for the top salary at $14 million despite losing an arbitration hearing last February against the Seattle Mainers.

Guerrero was the only player the Jays failed to reach before last month's filing deadline, avoiding arbitration with 11 others, including catchers Danny Jansen and Alejandro Kirk, catcher Dalton Warshaw and closer Jordan Romano.

Guerrero, 24, has been an All-Star for the third straight season in 2023, but despite winning the Home Run Derby, the year has been disappointing by his standards. Guerrero slashed .264/.345/.444 with 26 home runs and 94 RBI, tied with first baseman Brandon Belt for 12th on the team in Wins Above Replacement (2.0), according to Baseball Handbook.

Guerrero said through an interpreter last week that he has been working on mechanics in the offseason and expects big things before 2024.

“I perfected my mechanics to have as little movement as possible,” he said. “You might not even notice it with the naked eye. I can tell the difference because I can feel it.”

Guerrero hit 32 home runs and drove in 97 with an .818 OPS in 2022 and had his best season in 2021, leading the league with 48 home runs and finishing second to Shohei Ohtani in American League MVP voting.

Next season will be his sixth with the Blue Jays since making his MLB debut in 2019.