I'm not nearly as pessimistic on the Vlad and Bo extensions as others are around here. This free agent frenzy seems to go in ebbs and flows. The last round ended with guys like Pujols, Howard and Fielder absolutely s***ing the bed and teams were gun shy for years afterwards. To the point the players and agents were foaming at the mouth during the 2020 negotiations and last year's CBA. This offseason has very much the same feel to that. It'll probably reach its pinnacle next year with Ohtani. After that, all the teams that can afford to blow their loads have already done so and will likely be regretting it.
The baseball offseason feels like how society has been for the last year or so with inflation. With the economy turning downwards and prices stabilizing, I'm not so sure MLB owners are going to see the revenue they want this year to justify these contracts.
In the situation the Jays find themselves in right now, you DO NOT offer these two an extension this offseason. Maybe in the next two years you consider it when prices have levelled off a bit. But now I'm in the camp where you let these guys test free agency. I bet by the time they hit the market, the market will have dried up and they can be had at better prices to return.
One thing I can say about this front office, they seem excellent at threading the needle when it comes to spending. Not sure if they are good at economics, or just lucky. But so far the worst mistakes they have made are Morales, Ryu, Roark and Grichuk. Which in the grand scheme of things is nothing. Meanwhile Springer and Gausman are looking excellent and even Berrios and Kikuchi aren't looking terrible and may even look great by November 2023 if they turn it around a bit. You're looking at an extra $100 million or more to sign these same four guys versus what the Jays paid for them.