"Before we could move forward as an organization this offseason, we needed to come to a resolution on the person who would hold the important position of general manager and allow us to make another run at a 27th World Championship. We are thrilled that Brian has accepted to renew his commitment to this organization for at least three more years.
"Holding the position of general manager for any Major League team is a challenge. But to do so in the great city of New York, where baseball is passionately followed 12 months a year, you must possess a number of unique attributes.
"Brian has shown throughout his Yankees career that he has the dedication, integrity and know-how needed to perform-and succeed-in this environment. Having him in place allows us to begin an offseason of hard work, and we are pleased he will be working hand-in-hand with us to bring the New
York Yankees back to the postseason."