Joe Girardi and the New York Yankees have agreed on the outline of a $9 million, three-year contract for the manager, according to a baseball official familiar with the negotiations.
Although the agreement is not complete, the sides "are dotting the 'i's and crossing the t's,' the person said Thursday, speaking on condition of anonymity because no announcement had been made.
The person said the deal is "going to get done."
The New York Post first reported the news.
Girardi would be able to earn about $500,000 more each year in bonuses based on the team's performance.
He is finishing a $7.8 million, three-year contract that he signed as Joe Torre's successor following the 2007 season. He will get $3 million annually in his new agreement.
A catcher on the Yankees' World Series championship teams in 1996, 1999 and 2000, Girardi managed the Florida Marlins in 2006.
When Torre left New York following 12 seasons, Girardi was hired for the Yankees job over Don Mattingly.
New York missed the playoffs in Girardi's first year, then beat the Philadelphia Phillies in last year's World Series before losing to Texas last week in the AL championship series. The Yankees have a 287-199 regular-season record in three years under Girardi.