Could the New York Yankees have a new short stop, closer and manager next year? The possibility exists as Derek Jeter, Mariano Rivera and manger Joe Girardi are all in the last year of their respective contracts. Jeter, is entering the final year of a 10-year, $189 million deal, and Rivera, is in the last of a three-year, $45 million contract. Girardi’s three-year contract is also set to expire after 2010.

While the possibility is there, the over whelming opinion of people in and out of the organization is that all three will be back next year with new contracts. The Yankees as an organization have a policy not to negotiate contract extensions during the season. “People just have to understand that everybody does business in a different way,” Steinbrenner said to reporters including Bailey Stephens of MLB.com following Tuesday’s news conference to announce the details of the inaugural Pinstripe Bowl. “I just don’t believe in contract extensions, and that’s throughout the organization, no matter who it is. Hopefully, nobody takes that personally, it’s just business.”

Though the trio will not receive a contract until November at the earliest if Steinbrenner stays true to his policy, I have no doubt that all three will be back next year wearing pinstripes.

Related posts:

1. Derek Jeter Rumors: Moving from shortstop to right field?
2. No extension for Joe Girardi… yet
3. New York Yankees Rumors: Problems with Alex Rodriguez and Derek Jeter
4. Minor League Rumors: Dickey, Rivera
5. Jason Bay Rumors: Bay to the Angels? Rivera to the Mets?