Aaron Boone, who has led the New York Yankees to the postseason in each of his four seasons in the Bronx, will be returning as manager, sources confirmed to ESPN on Tuesday.
Boone will receive a three-year deal with an option, sources confirmed to ESPN.
His job security came under scrutiny after the Yankees' third-place finish in the AL East and loss to the rival Boston Red Sox in the AL Wild Card Game.
The last time a Yankees manager was allowed to manage a fifth season without having won a World Series ring was 1922.
"When you are the manager of this team and you wear the N.Y. and you wear these pinstripes, it's a heavy burden," slugger Aaron Judge said after the team's season ended. "But a guy like Booney, man, he wears it with pride, shows up to work every day and gets us prepared the right way, keeps us motivated and gets on guys when he needs to.
"It's been a pleasure the past couple of years to play for him and fight for him every single day. I could spend all night giving you reasons why he should still be the manager."
The Yankees, who are 328-218 in Boone's four seasons as manager, finished 19th in the majors in runs scored (711) and had long streaks of ineptitude during the 2021 season. They also had the sixth-worst strikeout rate, and there were complaints in the front office about the team's in-season adjustments.
After the season, the team did not renew the contracts of hitting coach Marcus Thames and third-base coach Phil Nevin. The team also was not expected to bring back assistant hitting coach P.J. Pilittere, sources confirmed to ESPN.
The Yankees have not been to a World Series since 2009, and the 12-year drought is the third longest in franchise history, according to ESPN Stats & Information.
YES Network first reported Boone's new deal.
ESPN's Buster Olney contributed to this report.