The Yankees are reportedly finalizing a five-year, $25 million extension with GM Brian Cashman, according to USA TODAY's Bob Nightengale.
Cashman, 50, has been the franchise's general manager since 1998, winning four World Series titles in that span. Though his three-year, $9 million contract expired at the end of the 2017 season, Cashman's new contract would make him the highest paid general manager in baseball.
Yankees owner Hal Steinbrenner credited Cashman at the end of the season for directing the franchise's rebuild and helping build a roster that came within one game of the World Series.
Cashman, who hired Aaron Boone to replace Joe Girardi as Yankees manager earlier this month, is set to attend the MLB Winter Meetings in Orlando.
If you didn't believe that Yankees ownership was not all-in on Cashman running the team, this sizable and lengthy deal proves as much.
For years, Cashman has been saddled with commentary that he's able to use money to his advantage, and that's why he and the Yankees have been successful. However, some of Cashman's best moves have been under-the-radar trades such as acquiring Didi Gregorius.
Cashman reinvented the Yankees farm system in recent years with shrewd draft picks and international signings ahead of 2016's sell-off. When Cashman was allowed to trade commodities for prospects at the 2016 trade deadline, he shined and propelled the farm system to near the top of the league in terms of both individual talent and depth.
Last season, Cashman was able to convert some prospects into controllable MLB veterans that helped down the stretch and will return as key contributors in 2018 and beyond in some cases.
With Cashman locked up for an extended period, expect the Yankees run of success to continue along with it.