HOUSTON (AP) – New York Yankees general manager Brian Cashman decided Wednesday to stay with the only team he’s ever worked for, accepting a three-year contract worth more than $5 million.

Cashman’s current contract expires Oct. 31, and the Yankees cannot announce the new deal until after the World Series, a high-ranking baseball official said.

The official spoke on condition of anonymity because baseball commissioner Bud Selig prohibits teams from making major announcements during the Series. The deal with Cashman still has not been finalized, the official add.

With the decisions of Cashman and manager Joe Torre to stay with the Yankees, New York can start on its offseason moves next week. It appears the Yankees’ first priority will be to re-sign outfielder Hideki Matui, who is eligible for free agency.

New York also has a deal that is all-but-finalized with former San Diego and Philadelphia manager Larry Bowa, who would become third-base coach.

Cashman and Yankees general partner Steve Swindal did not return telephone calls seeking comment, and team spokesman Rick Cerrone said the Yankees had nothing to announce.

Cashman’s acceptance was first reported by Newsday on its Web site.

Philadelphia, which is seeking a replacement for general manager Ed Wade, had been seen as one of the potential suitors for Cashman. Gerry Hunsicker, who resigned as the Houston Astros’ general manager last November, could become a candidate for the Phillies’ job.

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