UPDATE: Giants extend Brian Sabean and Bruce Bochy through the 2019 season


UPDATE: The extensions are done: three years, locking Sabean and Bochy up through 2019. But that’s not all: Sabean gets a promotion.

As Alex Pavlovic of CSNBayArea.com reports, Sabean, the general manager since 1996, is being promoted to executive vice president of baseball operations. Assistant general manager Bobby Evans was promoted to general manager. Whether this changes the way in which baseball decisions are done in San Francisco — as opposed to merely reflecting the recent trend of title inflation among front office executives — is not clear.

Either way: the brain trust that has won the Giants three World Series in the past five years remains in place.

UPDATE: CBS Sports’ Jon Heyman reports that the extensions for Sabean and Bochy will run through at least 2018 and should be announced tomorrow. Alex Pavlovic of CSNBayArea.com hears from multiple baseball sources that the Giants and Sabean have discussed him moving into a president of baseball operations role with assistant GM Bobby Evans potentially being promoted to general manager.

10:30 a.m. ET: Bob Nightengale reports that The Giants are “getting close” to long-term deals for GM Brian Sabean and manager Bruce Bochy.

Which, hey, why not? If it ain’t broke, don’t fix it. All these two have done is win three World Series in five seasons. While talent ages, comes and goes, you’re not gonna go wrong in life keeping good managers and GMs in place.

The two of them are under contract through 2016 already, but longer is better. And, as Nightengale notes, given what the Dodgers are paying Andrew Friedman and the Cubs are paying Joe Maddon, who have exactly zero World Series rings between them, Sabean and Bochy are probably about ready to become super friggin’ rich.