The Yankees have re-signed GM Brian Cashman to a new three-year contract, the team officially announced. The two sides had reportedly been talking about a new deal for a few weeks now. This is Cashman’s fifth straight three-year contract. No word on the value, but his last deal was worth $9M total and I’m sure he got some sort of raise.
Cashman, 47, has been the team’s GM since 1998 and the Yankees are literally the only employer he’s had in his adult life. He started with the team as an intern way back in the mid-1980s. I don’t really mind that Cashman is coming back, he seems to consistently come out ahead in trades, but the strategy of throwing money at free agents to plug every hole has to change. Free agency isn’t what it once was and that approach just isn’t as effective as it used to be.