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« Odds and Ends: Byrnes, Teixeira, Swisher | Main | Padres Likely To Exercise Giles' Option »
8:39pm: The extension runs through 2011. Cashman looks forward to the challenge.
4:16pm: Kat O'Brien of Newsday is reporting that Brian Cashman and the Yankees have reached an agreement on a three-year extension.
Brian Cashman has agreed to return as the Yankees general manager on a three-year contract, Newsday has learned. Cashman deliberated over the decision about whether it was time to move on after 11 seasons as GM, but gave the Yankees an affirmative answer this afternoon. In the end, a Yankees source said, it came down to what was best for his family. The new contract will be for slightly more than Cashman had been making, putting it at in the ballpark of $2-million per year.
This move is not unexpected as both Jon Heyman and George A. King III had reported in recent days that Cashman wanted to return to the Yankees.
A formal announcement from the Yankees is expected later today.
Cork Gaines writes for RaysIndex.com and can be reached here.
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WHY!!?? He's a terrible GM in my opinion, now we won't get anything done in the offseason.
Posted by: Spieg7 | September 30, 2008 at 04:53 PM
So, in the end, Cashman was afraid to find out if he could cut it in an organization with resource limits. I'd say I've lost all respect for him if I had any in the first place.
Posted by: MickS | September 30, 2008 at 04:56 PM
What a jerk, continuing to live in NY and make million of dollars.
"putting it at in the ballpark of $2-million per year."
That boggles the mind. He makes less than Joe Girardi???
Posted by: ArodSucksAtLife | September 30, 2008 at 05:06 PM
Good.
You have to understand that not all the moves that the Yankees made have been Cashman's will.
If the Yankees would just be hands off and let Cash run the show, they would be better off.
Posted by: InvalidUserID | September 30, 2008 at 05:59 PM
Spieg and Micks, remind me to put you on my list of MLBTR bloggers that I pay no mind too.
Posted by: nrmax88 | September 30, 2008 at 06:02 PM
BY BY CC!!!
Posted by: Joe505 | September 30, 2008 at 06:07 PM
Damn. Cashman has been dead awful the last couple of years, signing pitchers. Cashman makes great trades when he's in the mood for them but thats all. Igawa, Farnsworth, Womack, Pavano, Jaret Wright. There just a few of the horrible signings he has done. The Nady trade I believe, saved his ass this year.
Posted by: yankfan1 | September 30, 2008 at 06:13 PM
You gotta realize, Cashman gets into no-win situations a lot, because he gets back into a corner by ownership. He doesnt trade Hughes for Santana, and is killed for it because most Yankee fans are so stubborn they can't let one season go for the good of the future. A lot of these Igawa type FA pitcher signing are coming from above, not necesarrily from Cash himself. The Yankee farm is developing, and they compete every year. Not sure what else you want. If Cashman wasn't retained he would probably be on the first flight to LA to take over the Dodgers, and prove himself to be the very good GM that he is.
Posted by: nrmax88 | September 30, 2008 at 06:47 PM
nrmax88. You're a little late in coming. YOU were already on my list.
Posted by: MickS | September 30, 2008 at 06:53 PM
So, nrmax, Cashman can't do his job effectively because he is hindered ny ownership? And yet he stays? That makes him ever more of a weiner.
Posted by: MickS | September 30, 2008 at 07:03 PM
3 more years of poop.
rofl
What an awful deal. Cashman is awful.
Only reason I can see, is so he can be the puppet, and not really even do anything.
Posted by: juiced | September 30, 2008 at 07:37 PM
Terrible move. Lets take a look on some of the free agent/ trade mistakes Brian Cashman made:
In 2003 he should of signed a young Carlos Beltran, instead he kept Bernie in and got Johnny Damon, which i'm fine with, but neither of those guys are as good as Carlos Beltran.
In 2003 Vladimir Guerrero was also a free agent, but instead he chose Gary Sheffeild and Vladimir Guerrero went on to being on of the best hitters in the game
In 2007 Alfonso Soriano was a free agent and wanted and was willing to play outfield for the Yankees, but the Yankees didn't sign him and now there are issues over the outfield
And Johan Santana should be wearing pinstripes, instead we are stuck with Melky Cabrera and Phil Hughes.
Posted by: hebrewhammer1989 | September 30, 2008 at 08:51 PM
Lets not forget, he was at the architect of the greatest team to take the field since murderer's row..
Unlike managers, why would a GM have a shelf life? No players get tired of a GM's "Win one for the gipper" speech.. He didn't sign half the people that were put to bad contracts, he was at an 8 year deal w/ Vladdy before Georgie snuck in and slapped the Shef with a nice looking deal..
Yes, the Johan deal looks good but remember that he just threw 275 mil at A-Rod and the Mets had to give Johan a similar deal, having 2 of those contracts on your team will handcuff you for at least the length of the shorter contract..
Phil and Ian are still both under 23 years old. They have time, but they do need to make some moves. Serious trades, not signings. Leave Sabathia, Burnett, and all those other high-priced starters to teams who will pay them, we have people like Damon and Matsui who have value. Damon's off a great year, and Matsui can be kept or traded but I'd rather retain Abreu at a discound for DH and move Nady to right..
We'll see what cash can do but Hank needs to let Cash be Cash and stay out of it. I like how he draws attention away but he cannot make any actual decisions..
Posted by: Quade | September 30, 2008 at 09:09 PM
"In 2003 Vladimir Guerrero was also a free agent, but instead he chose Gary Sheffeild and Vladimir Guerrero went on to being on of the best hitters in the game"
Guerrero was already one of the best hitters in the game. Also, Guerrero was a 2 team race between the Dodgers and Angels. The Yankees were not going to get him. Anyway, Sheffield was a massive contributor to the Yankees in 2004 and 2005. Only his injury in 2006 really slowed him down.
"In 2003 he should of signed a young Carlos Beltran, instead he kept Bernie in and got Johnny Damon, which i'm fine with, but neither of those guys are as good as Carlos Beltran."
He wasn't able to sign Beltran then. Beltran was still under the Royals' control and was traded to Houston. I don't think the Yankees had the pieces in place to do the deal at the time. It wasn't until the 2004 off season that Beltran was available and not only was Williams not yet showing signs of major decline, but the Yanks had Sheffield and Matsui producing at a very high level, Matsui being less than 3 years older than Beltran and still in his prime at the time.
Posted by: AA | September 30, 2008 at 09:15 PM
'Cashman looks forward to the challenge.'
So having a $200 mil payroll is a challenge? I think its more of a challenge for teams like the Twins or Rays that have limited funds.
Posted by: XD23 | September 30, 2008 at 09:20 PM
HAHA i love the arguments from people who know nothing about the yankee hierarchy. Cashman didnt get full control from steinbrenner until 2005. Pavano would have been a great signing if he didnt get so injured. People forget about 10 teams wanted to sign him the media coverage was dubbed Pavanopalooza. Big stein also forced him to sign shef over vlad and insisted he go after randy johnson instead of beltran. And the challenge he is looking forward to is trying to wean the yankees from being reliant on big FA signing to a team built from within.
Posted by: Casanova Wong | September 30, 2008 at 10:09 PM
HAHA i love the arguments from people who know nothing about the yankee hierarchy. Cashman didnt get full control from steinbrenner until 2005. Pavano would have been a great signing if he didnt get so injured. People forget about 10 teams wanted to sign him the media coverage was dubbed Pavanopalooza. Big stein also forced him to sign shef over vlad and insisted he go after randy johnson instead of beltran. And the challenge he is looking forward to is trying to wean the yankees from being reliant on big FA signing to a team built from within.
Posted by: Casanova Wong | September 30, 2008 at 10:12 PM
ew double post my bad
Posted by: Casanova Wong | September 30, 2008 at 10:12 PM
I'm a Yanks fan and you people make me sick! At the end of the day what are you blaming Cash for? Missing the playoffs once in his entire run as GM? The guy is trying to accomplish two things at once: 1) be competitive and make the playoffs in perhaps the toughest division in baseball 2) retool and get younger.
Each year you evaluate who's on the FA market and try to do the best you can and pick the right guys. Is it Cash's fault Pavano was so injured? is it Cash's fault Igawa couldn't handle the pressure? Those are unforeseen issues.
You people are unrealistic. We won 90 games despite having major injuries and being w/o Posada, Matsui, Hughes and Wang for most of the year.
As for our young players, people are acting like Hughes was a bust this year. The dude pitched 7 games and you figure a couple of those were with a cracked rib. Can you really say he was a bust in 7 games? I could see if this guy showed us nothing in the minors but not only was he one of the most sought after minor league pitchers in baseball by OTHER TEAMS but he dominated in the minors and showed really good stuff when he was called up last year.
And as for Kennedy you guys are ready to toss him aside as a throw in after only 9 starts this year. Do you people realize that he's only in his 2nd year since leaving college? THAT'S 2 YEARS IN THE PROS!!! He dominated A, AA, AAA and was in the majors all in one year. You say Cashman sucked for drafting him but BASEBALL AMERICA, NOT THE YANKEE MEDIA guide ranked him one of the top 25 prospects last year. Give these kids a break.
Everyone says we need to develop young pitchers but if those pitchers fail to win 18 games in their first year then we want to trade him. His record in 2 years in the minors is 18-6 with an era under 2.50. People compare him to a young Mike Mussina. Give these kids a break.
The pressure put on these kids is crazy. If they don't win ROY of the year then we label them a bust. Look at Melky. He may never be a superstar but do we really need an all-star at EVERY position or do we need someone who will hustle, play good defense and can give us a big hit here and there. So what he hit .250. HE's only 24!!!
Give Cash credit for some of the good moves...Cano, Wang, Abreu trade, Nady trade. The Randy Johnson trade gave us a two 17 win seasons. Damn..we fail to make the playoffs once and you want to run this guy out of town.
Can you imagine another GM coming into NY and trying to deal with "THE BOSSES", and I mean that as a plural. Cash could get a job with any team in baseball if he left and that should tell you something..
I'm not trying to defend him like I think he's perfect and has never made a mistake but I do think he's perfect for NY.
Now if he goes out and signs CC and Burnett, which is what most of us want him to do, and God forbid they go on the DL or fail to live up to what we expect do we then blame him for those deals as well?
Was there a better FA pitcher on the market who was an obvious pitcher we should have picked up but didn't?
Posted by: YanksFanSince78 | September 30, 2008 at 11:17 PM
What do you guys think of the Yanks going after Oliver Perez if they could get him for around 3 yrs/$27 million? He absolutely is NOT the #1 Ace we need but he might be a good #4 or 5 guys in the rotations and might be a surprise if someone can get his walks down from 105. I think FA like Perez are good fit because they have two things 1) mlb talent and 2) youth @ age 27.
I would go after him before I would Derek Lowe.
Posted by: YanksFanSince78 | September 30, 2008 at 11:53 PM
No way the Mets let him go if all they need to offer is 3/27.
So, at what point do you blame Cashman? Sure he is trying to win and build for the future. SO IS EVERY OTHER GOOD CLUB. The only difference between Cash and other teams is about $100m/year in payroll. Forgive me for expecting him to win the WS every year.
And yes the Yanks have had some bad luck. So has every other team. Your list of injured players include (1) those that are really old or have known health issues or (2) kids. Color me NOT surprised that a 36 year old catcher goes down with a major injury.
No reasonable person is calling Hughes a bust. But, he is also now 2 years removed from being an elite prospect. Injuries do hurt a young players future. And Kennedy ... well I don't know any reputable scout that thought Kennedy would be more than a #3 starter (most said a #5). His ineffectiveness is not a shock to most MLBTradeRumors readers.
I like Cashman. I despise the Yankees but have tremendous respect for the organization. They really are baseball's ambassadors. That said, the expectation is for success, every year. Not making to the WS is a failure, any way you slice it.
Posted by: bjsguess | October 01, 2008 at 12:11 AM
lol @ Yankee fans trying to argue. BY FAR the largest payroll in baseball, and for years almost DOUBLE the second highest payroll, and accomplished nothing. Didn't make the playoffs with a $200M+ payroll. ROFL. I would fire everyone in the organization if I was owner.
Posted by: juiced | October 01, 2008 at 12:35 AM
You're right, playoffs 13 years in a row played in 5 world series' and won 3 in the past 10 yrs = nothing accomplished. All while playing in the same division as the team who won 2 of the last 3 WS.
Posted by: Casanova Wong | October 01, 2008 at 01:28 AM
Wow, the ignorance here is amazing:
"In 2003 he should of signed a young Carlos Beltran, instead he kept Bernie in and got Johnny Damon, which i'm fine with, but neither of those guys are as good as Carlos Beltran."
The Yankees were getting one player that offseason - Randy Johnson, or Carlos Beltran. GEORGE STEINBRENNER (not Cashman) chose Johnson.
"In 2003 Vladimir Guerrero was also a free agent, but instead he chose Gary Sheffeild and Vladimir Guerrero went on to being on of the best hitters in the game"
Vladimir Guerrero was IN NEW YORK ready to sign, a signing Cashman wanted, when GEORGE STEINBRENNER went behind his back and signed Sheffield.
http://www.nytimes.com/2006/02/22/sports/baseball/22yankees.html
Check out http://blogs.trb.com/sports/baseball/blog/2008/09/a_brian_cashman_audit_and_ther.html
Cashman All The Way: Bobby Abreu, Alfredo Aceves, Armando Benitez, Wilson Betemit, Kevin Brown, Brian Bruney, Shawn Chacon, Tony Clark, Roger Clemens (both times) Johnny Damon, Kyle Farnsworth, Glenallen Hill, Kei Igawa, David Justice, Al Leiter, Cory Lidle, Hideki Matsui (re-signing in November 2005), Damaso Marte, Tino Martinez (his return), Jose Molina, Mike Mussina (re-signing in November 2006), Xavier Nady, Denny Neagle, Carl Pavano, Andy Pettitte (his return), Sidney Ponson (both times), Darrell Rasner, Mariano Rivera (re-signing in November 2007), Alex Rodriguez (the 2004 trade), Ivan Rodriguez, Javier Vazquez, Robin Ventura, Jose Vizcaino, Bernie Williams (re-signing in December 2005), Jeff Weaver
His Player, Not His Price: Jason Giambi, Sterling Hitchcock (re-signing in December 2001), Steve Karsay, Jorge Posada (re-signing in November 2007), Rondell White, Bernie Williams (re-signing in November 1998)
He Might As Well Have Been at the Atlantis With His Family: Aaron Boone, Jose Contreras, Dwight Gooden (return in 2000), Chris Hammond, Orlando Hernandez, Randy Johnson, Travis Lee, Jim Leyritz (re-signing in November 1999), Jon Lieber, Esteban Loaiza, Kenny Lofton, Raul Mondesi, Alex Rodriguez (re-signing in November 2007), Gary Sheffield, Ruben Sierra (return in June 2003), Darryl Strawberry (his re-signing in November 1998), David Wells (return in December 2001), Tony Womack, Jaret Wright
Posted by: V | October 01, 2008 at 05:25 AM
Kind of funny. All the yankee fans seem to be happy while all the rest want to make fun of the yankees.
BTW, I would really like an Oliver Perez signing but I would imagine it would take more like 3/39.
Posted by: Scottsdale01 | October 01, 2008 at 08:13 AM
Bjguess said:
So, at what point do you blame Cashman? Sure he is trying to win and build for the future. SO IS EVERY OTHER GOOD CLUB. The only difference between Cash and other teams is about $100m/year in payroll. Forgive me for expecting him to win the WS every year.
That's not true. the Yanks and maybe the Bosox and Mets have to work under different conditions. Our fans and the local media won't allow us to "rebuild" like other teams can.
Look at the Brewers, Rays and Phillies. They are allowed to draft their young talent, watch them develop, bring them up to the majors and go thru their growing pains, and gel together. Once they start to show promise then they go and ge the FA to take them to the top.
In NY you have to "retool" and MAKE it to the playoffs ever year.
Look at the Angels and REdsox. They didn't even make it to the playoffs the year after winning the WS in '02 and '05 and did they fire their GM's or Managers? No. They stayed the course because they had a plan and were allowed to do it. Cash has a plan and it's not to trade away the young guys and go out and sign seven or eight free agents this year just to make it to the playoffs next year.
I've read several of you write that we should go out and sign, CC, Burnett, Sheets/Lowe, Krod, Tex and Hudson. Yes those signing would make us the favorites but the games still have to be played, players have to remain healthy and you still have to beat the 5 other teams in what's probably the toughest division. FOr years other teams have been smelling our ass and now all of a sudden Cash is the problem?
We want to get younger and better but the moment a 22 yr old Hughes struggles or has a rib injury we want to dump him? kennedy who's only been out of college for 2 years but has been 18-6 in the minors , ranked by baseball america as a top 25 prospect and showed promise when he was called up last year is a bust because he struggled in 8 games this year? He's only 24 and has only pitched 30 games of preffesional ball. Name me one team in baseball that evaluates a young pitcher that harshly in that short of time. God forbid Chamberlain had struggled when he was called up because we would've traded him as well.
The last players we should be tlaking about trading should be Wang, Cano, Cabrera, Kennedy or Hughes. Give Cash a break...give the young players a break. Give yourself a break. Damn.
I want to win every year too but I know and can accept that we may have an off year or two in between runs. People want to jock the redsox and say how great Theo is but keep in mind THEY DIDNT EVEN MAKE THE PLAYOFFS in 06. They finished 3rd behind the Yanks and Toronto. Did they run him out of town?
Posted by: YanksFanSince78 | October 01, 2008 at 10:50 AM
yf78- logic and sound reasoning dont work with these trolls, they live to find yankee posts online and talk trash. Thats why you can go to posts for pretty much any other team and find actual baseball talk going on not OMG 200 mil payroll cashman sucks rofl yankees suck blah blah.
Also ollie perez looks very attractive, pretty young, lefty, good stuff. Until you realize that he led the entire NL in walks this year. Unless theres something glaringly wrong with his mechanics that can be easily fixed he should be off limits. Imagine him against the redsox and other good patient teams in the al... no thanks.
Posted by: Casanova Wong | October 01, 2008 at 12:45 PM
I agree Casanova.
That's my one issue with Perez but sometimes a pitcher is so wild in the early part of his career and then BAM..he gets it together and is light out. I like the fact that he's only 27 yrs old. Those are the types of FA the Yanks should invest in. Sabathia and Perez are vets who are still very young @ 27 and 28.
Posted by: YanksFanSince78 | October 01, 2008 at 12:50 PM
BTW:
Can anyone tell me what Ian Kennedy has done to be labeld a bust? He was drafted from USC in 2006 as a #1. He's ranked top 50 minor league prospect by baseball america in 2008. He pitched 1 game in 06. Went a combined 12-3 w/ a 1.91 era in 26 starts in 2007 and blew thru A, AA and AAA in his 1st year. Made it to the majors and pitched 3 games w/ a 1-0 and a 1.89 era. He struggled in 2008 starting with the Yanks and went 0-3 in 8 starts. Was sent down to the minors and went 6-3 in 13 starts w/ a 2.22 era.
Combined his minor league numbers are 18-6 w/ a 1.99 era in 226 innings in 2 years of professional baseball. He went 1-3 in 11 major league starts and 56 inning pitched with a crazy era of 5.56.
Can we really say this guys is a bust based upn only 11 starts in the majors considering that he's been out of college for only 2 years?
Compare him to the following starts by some of baseball's greats:
Greg Maddux (Drafted in '84)
-Spends 3 years in the minors.
-In '87 goes 6-14 w/ a 5.61 era in his rookie year.
Tom Glavine (Drafted in '84)
-Spends 4 years in the minors.
-In '88 goes 7-17 w/ a 4.56 era
John Smoltz (Drafted in '85)
-Spends 3 years in the minors
-In '88 goes 2-7 w/ a 5.48 era.
Kennedy has the following:
a) ranked highly by baseball experts outside the yanks organization.
b) a pedigree. one of the top college pitchers froma top univ known for producing top mlb pitchers (randy johnson, tom seaver, barry zito and mark prior).
c) numbers: 18-6 in 2 years in the minors w/ a sub 2.00 era.
d) youth. only 24 yrs old at the start of '09.
Give this kid along with Hughes, Chamberlain, Cano and Melky time to grow into their talent and see what you can get. We have enough time and money to surround them with other talent. But we need to grow young picthing or else we'll be doing the same thing every year...looking for next 150 million dollar pitcher to add.
Posted by: YanksFanSince78 | October 01, 2008 at 12:51 PM