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Old 10-28-2010, 04:55 PM   #1 (permalink)

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Girardi, Yankees agree on new 3-yr deal

The New York Yankees and manager Joe Girardi have reached agreement on a three-year, $9 million contract with incentives that could add another $500,000 for winning the World Series, according to two sources familiar with the negotiations.

According to both sources, agreement was reached "right away" between the club and Girardi, with many of the details agreed to at the first meeting between Girardi and general manager Brian Cashman on Tuesday afternoon.

"This was no major negotiation here," one of the sources said. "The Yankees knew they wanted him back, and he knew he wanted to come back. It was a pretty cut-and-dried thing."

According to both sources, Girardi's deal calls for $3 million in salary per year, a figure that puts him among the top five highest-paid managers in the game. Also included is a bonus clause that escalates with each level of achievement, from winning the AL East to winning the World Series, and tops out at $500,000. His previous deal -- three years for $7 million -- included a similar bonus deal that topped out at $450,000.

"The only managers that are making more than him now are the guys who have been around forever," one source said. "Guys like [Mike] Scioscia, [Tony] La Russa, [Jim] Leyland. That's it."
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