Yankees, Brian Cashman nearing contract extension

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The Yankees made a disappointing first-round exit from the playoffs this year, but they’re not panicking or seeking a scapegoat. It’s much the opposite.

According to ESPN’s Buster Olney, negotiations have gone smoothly between the Yankees and GM Brian Cashman as the two sides look to reach agreement on a multi-year contract extension.

Cashman’s current deal, inked in 2008, runs out at the end of this month. But he has no desire to leave New York and the Yanks seem satisfied with the job he’s done since taking over as senior vice president and general manager in February of 1998.

Olney says a new contract should be signed, sealed and delivered within the next week.

Rays acquire RHP Drew Smith from Tigers

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The Rays acquired minor league reliever Drew Smith from the Tigers on Friday, per a team announcement. The move will close the loop on the trade the two teams began in January for backup outfielder Mikie Mahtook.

Smith, 23, pitched his first full season in Single-A West Michigan in 2016, turning in a 2.96 ERA, 4.3 BB/9 and 11.5 SO/9 in 48 2/3 innings. The right-hander is still several levels away from making any impact on the Rays’ major league roster, but appears to be progressing steadily in two seasons of pro ball and has delivered two runs, four walks and 12 strikeouts in his first 11 2/3 innings at High-A Lakeland this season. Marc Topkin of the Tampa Bay Times reports that he’ll be reassigned to the Rays’ High-A Charlotte this week.

Yankees activate Didi Gregorius from the disabled list

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The Yankees have activated shortstop Didi Gregorius from the 10-day disabled list, the club announced on Friday. Infielder Pete Kozma was designated for assignment to clear roster space.

Gregorius, 27, suffered a strained right shoulder while playing in the World Baseball Classic last month. He’s in Friday’s starting lineup, batting sixth against the Orioles.

Last season, Gregorius hit .276/.304/.447 with 20 home runs and 70 RBI in 597 plate appearances.