Yankees sign manager Joe Girardi to four-year extension
Girardi's contract was set to expire on November 1, and the Yankees knew they wanted him back for 2014 and beyond. However, the Chicago Cubs were reportedly prepared to outbid the Yankees for Girardi, and Girardi seemed to be seriously considering the change of scenery (of course, that could have just been a leverage play).
Regardless, the Yankees have finally gotten their man back - the Yankees' official Twitter account tweeted on Wednesday, "Yankees announced manager Joe Girardi will be back for four more years after signing a contract through the 2017 season."
So why did Girardi choose the Yankees? It may have had to do with the fact that he has called New York his home since 2008, or that he was in pinstripes for some of his best years as a player. It may have also had to do with the reported $4 million average annual base salary that the Yankees gave him. Girardi can earn more money through incentives, and with the Yankees a perennial threat to make a run at the pennant, I'd expect Girardi to reach some of those salary escalators. His new contract makes him one of the highest paid managers in the game.
The Yankees have their man to manage the team, and they now must turn their attention to second baseman Robinson Cano, who will be the hottest commodity on the free agent market this offseason. Cano has already asked for a $300 million contract, so the Yankees better be ready to open their checkbooks.