Terry Francona was already under contract with the Indians through 2016, but the team decided they wanted him around longer, so they just announced a two-year contract extension for him. That locks Francona up through the 2018 season. The deal also contains club options for the 2019 and 2020 seasons.
Francona has managed Cleveland for two seasons. In that time he is 177-147. In 2013 the Indians made the Wild Card game, losing to the Rays. Overall Francona has managed for 14 years, compiling a record of 1206-1062 while winning two World Series rings with the Red Sox.