NEW YORK -- A potential contract extension for Yankees general manager Brian Cashman will be discussed this week while the club holds a summit in Florida, according to a report published on Thursday by the Newark (N.J.) Star-Ledger.

"We're going to be talking about it," Yankees co-chairman Hank Steinbrenner was quoted as saying.

Cashman was present at the First-Year Player Draft in Orlando, Fla., on Thursday, overseeing the Yankees, who were primed to select 28th in the first round. Cashman has served as the Yankees' general manager since 1998, though his contract expires after this season.

Asked if he wants to keep Cashman and if Cashman wants to stay, Steinbrenner told the Star-Ledger, "That's the impression I get."

Cashman pushed hard for the Yankees to keep young players Phil Hughes, Ian Kennedy and Melky Cabrera -- among others -- this past offseason instead of dealing them in a blockbuster trade for then-Minnesota Twins left-hander Johan Santana, who was eventually sent to the New York Mets instead. Hughes and Kennedy are both winless this season and on the disabled list.

Instead, the Yankees signed left-hander Andy Pettitte to a one-year, $16 million contract. Speaking recently on the subject, Cashman said that he did not have any regrets about not pulling the trigger on a trade like the Santana one, even if such a deal might have positively affected his job security for 2009 and beyond.

"I have a healthy left-hander in Andy Pettitte in the rotation, taking the spot where Santana would have pitched," Cashman said. "I have the use of a guy [Cabrera] who is playing a heck of a center field and is one of the emerging center fielders in the game today. I have two potential starters for our rotation, as well as some kids down in the Minor League system that we still retain.

"They're assets. That money went to Pettitte, and the remainder is still in place for us to utilize as we see fit. We made a long-term decision, and you don't judge a long-term decision in two months or in one year. That's not why you make a long-term decision."