Yankees GM Brian Cashman signs three-year contract extension

The offseason is officially underway for the Yankees, who checked off an important piece of business on Friday, finalizing a three-year contract extension with Brian Cashman to serve as the club’s senior vice president and general manager.

Managing general partner Hal Steinbrenner recently stated that the organization was in discussions about an extension with Cashman, 47, who has served as the Yankees’ GM since February 1998.

Cashman’s return is the first domino to fall in what promises to be a busy winter for the Yankees, who missed the playoffs for a second consecutive season in 2014, winning 84 games to finish in second place in the American League East.

Steinbrenner has said that the Yankees will pursue a shortstop to replace retired captain Derek Jeter and are in need of a starting pitcher, with right-hander Ivan Nova recovering from Tommy John surgery and not expected to be ready to start the season. The Yankees also need to address the situation of closer David Robertson, who is set to file for free agency.

In evaluating Cashman’s construction of the 2014 roster, Steinbrenner stood by the signings of free agents Brian McCann, Jacoby Ellsbury, Carlos Beltran and Masahiro Tanaka, stating that he approved those deals and believes they will work out in the future.

Steinbrenner also has noted that Cashman was able to rebuild the Yankees on the fly in midseason after several injuries, triggering deals to import Brandon McCarthy, Martin Prado and Chase Headley, among others.

Cashman joined the Yankees organization in 1986 as a 19-year-old intern in the club’s Minor League and scouting department. As general manager, his clubs have made the postseason in 14 of 17 seasons, claiming 12 division titles, six American League championships and four World Series titles.

He is the third-longest tenured general manager in the game, behind the Giants’ Brian Sabean and the A’s Billy Beane, and Cashman is the longest-serving Yankees GM since Hall of Famer Ed Barrow led the team from October 28, 1920, to February 20, 1945.

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