NEW YORK (PIX11) — The Yankees made their first off-season move Wednesday by re-signing skipper Joe Girardi to a four-year contract through the 2017 season, the team announced.
While the team posted a 85-77 record this season and failed to make the playoffs, Girardi was rewarded for his earlier successes during his six seasons as manager.
The Yankees did not reveal the terms of the deal, but ESPN, citing a source, pegged the value at $16 million, along with bonuses after the season.
Girardi, 48, led the Bombers to their 27th World Championship in 2009 and compiled a Major League-best 564-408 since 2008.
He was also the fifth-fastest manager to reach 500 wins, in a game against the Kansas City Royals on May 10, his 844th with the team.
Girardi will now face complicated contract negotiations with Robinson Cano, who is seeking a 10-year deal worth more than $300 million.
Girardi will also have to deal with Alex Rodriguez’s appeal of his suspension from playing. A-Rod is out for 211 games after an investigation into his alleged link to a clinic that provided performance-enhancing drugs.