Joe Girardi is staying with the Yankees

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Well, this is going to make the Cubs sad.

Joe Girardi will return as Yankees manager, signing a four-year contract extension rather than hitting the open market as a free agent in a few weeks.

Jon Heyman of CBSSports.com reports that Girardi will get $16 million over four years, so the Cubs’ oft-reported interest helped boost the price tag from his current $3 million salary. Now he’s in New York through 2017, choosing to stay with a Yankees team in a state of flux rather than trying to embark on a full-scale rebuild with the Cubs or perhaps join a ready-made contender with the Nationals.

Girardi has a 564-408 (.580) record in six seasons with the Yankees, including 85-77 with an injury wrecked roster this season. He’s won three AL East titles and one World Series during that time, and general manager Brian Cashman has always made it very clear that he wanted Girardi back.

Yankees sign CC Sabathia to one-year, $10 million deal

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Mark Feinsand of MLB.com reports that the Yankees have re-signed left-hander CC Sabathia to a one-year, $10 million contract. The deal does not come with options and is still pending a physical, which is expected to take place later today.

Sabathia, 37, is poised to enter his 18th season in the majors and his 10th in New York. He went 14-5 in 27 starts with the 2017 Yankees, improving on his 2016 totals with a 3.69 ERA, 3.0 BB/9 and 7.3 SO/9 over 148 2/3 innings. He provided a welcome boost in the playoffs, too, keeping the Yankees alive in an ALDS Game 5 clincher and returning in Game 3 of the ALCS with six shutout innings.

The Yankees weren’t Sabathia’s only suitors this winter, which comes as little surprise given the southpaw’s durability and consistency on the mound, to say nothing of the leadership role he’s assumed in the Yankees’ clubhouse. From Sabathia’s agent, Kyle Thousand (via Joel Sherman of the New York Post):

There were very competitive offers out there that really made CC take his time. In the end, he feels there’s unfinished business to attend to. Loves his teammates, clubhouse and the moves the Yankees are making this offseason. [He] wanted to come back for his 10th season with the Yankees.

Chris Cotillo of SB Nation adds that the Yankees had freed up the $10 million for Sabathia’s contract after trading Chase Headley to the Padres last Tuesday. The club is expected to continue pursuing additional pitching depth this offseason, and has been linked to names like Zack Greinke, Chris Archer and Gerrit Cole so far.