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Yankees finalizing five-year extension with Brian Cashman

Cashman will reportedly receive a five-year, $25 million contract extension.

New York Yankees Introduce Aaron Boone As Manager Photo by Mike Stobe/Getty Images

Brian Cashman’s contract with the Yankees was set to expire at the end of 2017, but there was never any real doubt that he’d return as the team’s general manager. Now the Yankees are working on making it official. Whether you like him or not, it looks like the Yankees plan to keep Cashman around for a long time. According to Bob Nightengale, the Yankees’ GM will receive a five-year contract extension worth $25 million. That amounts to a raise for Cashman, whose previous contract was for three years and $9 million.

Remarkably, 2018 will mark Cashman’s 20th year as the team’s GM. He took over that position in 1998 after previously serving as assistant general manager. Cashman has worked with the Yankees organization in some capacity since he first joined as a college intern in 1986. The Yankees have never finished with a losing record during his time as GM, and finished the 2017 season just one game away from the World Series.

The Yankees may have taken their time working out a new deal, but it has been business as usual for Cashman over the past few months. He did his best to convince Shohei Ohtani to sign with the Yankees, though that didn’t work out in the end. Cashman also spent most of November interviewing new managers before the Yankees decided to replace Joe Girardi with Aaron Boone. Now Cashman can focus on putting together a trade or two at the Winter Meetings, which take place early next week. Giancarlo Stanton would reportedly accept a trade to the Yankees, so it’s time to work your magic, Cash.

What do you think of the new contract for Cashman? Were you hoping that the Yankees would get rid of him? Let us know in the comments section.