Yankees sign manager Aaron Boone to 3-year contract through 2024 season

The Yankees and Aaron Boone have agreed to a new three-year contract through the 2024 season with a club option for 2025, the team said on Tuesday. Boone's previous contract expired at the end of this season.

New York's 2021 season, Boone's fourth, ended with a wild-card playoff loss to the Boston Red Sox on Oct. 5. He said after the loss he hadn't yet had any conversations about his contract.

"If he were entering the free agent market, I believe he’d be the No. 1 managerial candidate in baseball," general manager Brian Cashman said Tuesday.

Boone, 48, is 328-218 in four seasons in New York after taking over for Joe Girardi and has made the playoffs every year. The Yankees lost in the ALDS in 2018 and 2020 and the ALCS in 2019 before this year's exit in the first game of the postseason.

"I think I can help lead us to the top," Boone said. "That’s why I’m here, that’s why I came back, that’s why I originally signed up to come here, that’s what I’m chasing."

New York has one division title (2019) in Boone's four seasons. The Yankees haven't reached a World Series since their last championship in 2009.

Earlier this month, the Yankees did not renew the contracts of hitting coach Marcus Thames, third base coach Phil Nevin and assistant hitting coach P.J. Pilittere.

(Photo: Lachlan Cunningham / Getty Images)

GO DEEPER

Now that the Yankees have retained Aaron Boone, how will Brian Cashman go about improving the team and organization?

Why did the Yankees bring back Boone?

Lindsey Adler, Yankees beat writer: The bottom line for the Yankees is that if they were going to search for a new manager, they would be looking for someone with many of the qualities Boone already has. Boone works well with all parts of the organization, and the Yankees, like every other team in baseball, want to have a collaborative system in place, with the manager serving as the hub.

Bringing in a new manager would mean integrating a new person to their customs and systems, as well as earning the clubhouse trust.

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What's next?

Adler: The Yankees need to make sure they are empowering Boone to be the best manager he can be by setting him up with a solid roster and depth options and a secure coaching staff around him. The organization chose its team leader, now it needs to make sure to set him up for success.

How they build out their coaching staff will say a lot about what they feel Boone and the Yankees need.