Girardi finalizes 3-year deal to stay in New York

Posted Oct. 29, 2010, at 3:35 p.m.

NEW YORK (AP) — Joe Girardi has completed a new three-year contract with the New York Yankees less than a week after the team was thoroughly outplayed by the Texas Rangers in the American league championships series.

The Yankees made the announcement Friday, a day off in the World Series schedule.

A person familiar with the contract told The Associated Press on Thursday that the deal is worth $9 million. Girardi would be able to earn about $500,000 more each year in bonuses based on the team’s performance. The person requested anonymity because he was not authorized to discuss the terms publicly.

Girardi replaced Joe Torre after the 2007 season. New York failed to make the playoffs in ’08, but won its first World Series championship in nine years in 2009.

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AP Sports Writer Ronald Blum contributed to this report.

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