Yankees expected to make Girardi offer today

May 22, 2013; New York, NY, USA; New York Yankees managing general partner Hal Steinbrenner speaks at the event to announce plans for the new Major League Soccer team the Manchester City FC at P.S. 72 The Lexington Academy. Mandatory Credit: Debby Wong-USA TODAY Sports

The New York Yankees will not allow manager Joe Girardi to speak with other clubs until they receive an answer from their skipper regarding a contract offer that is expected to come later today, according to Joel Sherman of the New York Post.

The Yankees and Girardi have been talking for the better part of a week. After an initial offer, Girardi’s camp came back with parameters, including a desire to speak with other organizations. However, at least that specific parameter, was denied.

The rumored deal is expected to be a 3 year contract ranging from $13 million to $16 million. According to Sherman, the Yankees won’t come close to the $7 million annually that Joe Torre made with the club.

It has also been reported that the Cubs are willing to go above this $4.5 million annual value in a deal and that Tom Ricketts is determined to get Girardi into the manager’s office at the Friendly Confines.

A decision from Girardi could come as soon as this weekend. We’ll keep you up to date on the latest news and rumors surrounding this situation.