TAMPA, Fla. -- The New York Yankees and manager Aaron Boone have agreed on a two-year contract extension that will run through the 2027 season, the team announced Thursday, on the eve of the club's Grapefruit League opener.

A major leaguer for 12 seasons, Boone is entering his eighth year as Yankees manager. He is one of three managers in franchise history to lead the Yankees to the postseason in six of his first seven years, joining Casey Stengel and Joe Torre. His .599 career win percentage ranks 10th all time and second among active managers behind Los Angeles Dodgers skipper Dave Roberts. He ranks seventh on the Yankees' all-time wins list.

The Yankees rebounded from an 82-win campaign without a playoff berth in 2023 to win the American League pennant last season for the organization's first trip to the World Series since 2009. Soon thereafter, the Yankees exercised the club option on Boone's contract for the 2025 season, and owner Hal Steinbrenner and general manager Brian Cashman communicated their desire to extend Boone's deal.

Cashman reiterated the franchise's stance last week, declaring there would be a "feeding frenzy" among other clubs interested in hiring Boone if he were let go. He highlighted Boone's temperament managing in the New York market as a strength and signaled an extension was coming.

"I've been working through that, and Hal Steinbrenner has been working through that, with Aaron Boone," Cashman said. "Hopefully at some point, sooner than later we'll be able to officially cement something, but obviously I haven't gotten there yet. But just give us time."

They needed until Thursday.