Girardi, Yanks have deal, to announce Friday
Manager's new contract is to be for three years, $9 million plus
The Yankees have an agreement in place on a three-year contract that will keep manager Joe Girardi making the moves in their dugout.
The Yankees and Girardi on Thursday were putting the finishing touches on a three-year deal worth $9 million, a pay raise from his previous contract, with bonuses of $500,000 per year based on the team's performance. The contract terms were confirmed by The Associated Press.
Girardi's previous deal was for three years and $7.8 million, a deal set to expire on Sunday. While the framework of the agreement is in place, the Yankees will wait until Friday to announce it, deferring to the World Series.
Yankees general manager Brian Cashman spoke recently with co-chairperson Hal Steinbrenner about the topic of a new contract for Girardi, and Steinbrenner offered ownership's support and parameters. Cashman has been meeting this week with Girardi's representative, Steve Mandel.
"Ultimately, it will be the Yankees and Joe Girardi working it out," Cashman said. "I fully expect us to have an announcement at some point."
Girardi piloted the Yankees to 95 regular-season victories and a sweep of the Twins in the American League Division Series before his team ran out of gas in a six-game ALCS against the Rangers, coming up short in their efforts to secure a 28th World Series title.
Although he expressed bitter disappointment at the defeat, Girardi said he was looking forward to returning in 2011.
"I love being here. I've loved working here," Girardi said. "It's a great work environment, a great relationship with the front office and everyone involved, the players and coaches. So I want to be back. I hope it gets done quickly."
Succeeding Joe Torre for the 2008 season, Girardi's three years in the manager's chair yielded two playoff appearances and one World Series title.
Even without a deal in place, Cashman has spoken with Girardi about retaining members of the coaching staff. Cashman already decided not to have pitching coach Dave Eiland back for 2011, announcing that move on Monday.
The Yankees have several internal candidates for that opening, which include Triple-A pitching coach Scott Aldred, organizational pitching coordinator and former Yankees pitching coach Nardi Contreras and bullpen coach Mike Harkey.
Orioles pitching coach Rick Kranitz is also thought to have drawn the Yankees' eye. Kranitz served as Girardi's pitching coach for the Marlins in 2006 and has a relationship with the manager dating back to his playing days with the Cubs.
Former Braves and Orioles pitching coach Leo Mazzone also threw his name into the ring on Thursday, telling Sirius/XM radio that he would be interested in discussing positions with either the Yankees or Mets.
"Yeah, there certainly is," Mazzone said when asked if there was a particular job that interested him. "And it has New York in front of it, too. I mean, it can be in the American League or the National League."
"With free agency comes free choice, so we'll see," Cashman said. "The first thing I have to deal with is my manager, and then, like always, we'll deal with retaining the coaching staff."
Bryan Hoch is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.