The New York Yankees' "generous offer" to Manager Joe Girardi is reportedly a three year deal worth between $12-15 million, according to the Star-Ledger.

More Yankees coverage: Pinstriped Bible

The low end of that would still represent a 33 percent increase in salary for Girardi, who made $3 million in 2013. The high end would give him the same annual salary as the Angels' Mike Scoscia, whose ten year, $50 million deal makes him the highest paid manager in the MLB.

Girardi has not yet decided whether he will accept the deal, but he is expected to make up his mind soon. The Yankees do not appear poised to allow him to talk to any other teams about vacant managerial positions while he remains under contract with the team through October.

The Cubs have been rumored to have the most interest in Girardi should he not sign with the Yankees. He was born in Peoria, Ill. and grew up a Cubs fan. He also played for the team from 1989-92 and again from 2000-02.

In six years as the Yankees' skipper, Girardi has never failed to post a winning record and has never finished lower than third in the division. He has led New York to a division championship three times and a World Series victory once.

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