NEW YORK -- After making Joe Girardi a new contract offer, the New York Yankees are awaiting his decision on whether he will continue to manage the team, an official with knowledge of the talks told ESPNNewYork.com.
The source would not reveal the parameters of the new contract, but it is expected to be significant.
"We are going to give him a real good reason to stay," Yankees GM Brian Cashman said during a news conference Tuesday.
Girardi, 48, is in the final month of his three-year, $9 million deal. Mike Scioscia of the Los Angeles Angels is the highest-paid manager in baseball with an annual salary a tick above $5 million.
The official said Girardi may take the weekend to decide whether he will accept the offer. If he chooses to leave, Girardi could have options in Chicago, Washington, Cincinnati and possibly the broadcast booth.
On Tuesday, ESPNNewYork.com reported the Yankees would be hesitant to allow Girardi to speak to any other teams about a managerial job. Since Girardi's current contract runs through the end of October, they have the right to veto any official discussions with other clubs.
If the Cubs, Nationals or Reds wanted to speak to Girardi, they would need to wait until Nov. 1. The Yankees may relax their position on the issue if they are convinced that Girardi is not going to return.
Since the season ended Sunday, there has been a progression to the talks between Girardi and the Yankees. On Monday morning, Girardi met with Cashman for coffee and Cashman left with the impression that Girardi wanted to return. On Wednesday, Cashman and Girardi's agent had lunch to discuss the parameters of a possible deal. On Thursday, Cashman reported to owner Hal Steinbrenner and team president Randy Levine the results of his meeting, while Girardi and his agent conferred.
On Sunday, Girardi spoke at length about his situation. He said he hopes there will be a quick resolution. He said the impact on his family and its input would be the decisive factor on whether he stays with or leaves the Yankees.
He downplayed the idea that he wanted to manage the Cubs, noting he doesn't have as close family ties that he once did to Chicago. He stated the possibility that he could take a hiatus from managing to spend more time with his family with a plan to return to the dugout in the future.
Girardi succeeded Joe Torre after the 2007 season. In 2008, his first year, he failed to make the playoffs before winning the World Series in 2009. The Yankees made the playoffs the next three seasons, losing in the American League Championship Series in 2012. This season they did not qualify for the postseason.
He has been a TV analyst in the past and could become a candidate to replace Tim McCarver on Fox Sports' broadcasts of the World Series.