Girardi just concluded a four-year, $16 million contract, and he and the team agreed to part ways, sources said. They will make an announcement later Thursday.
Girardi, 53, and the Yankees came within one game of going to the World Series this year, losing to the Houston Astros in Game 7 of the American League Championship Series. In 10 years at the helm, Girardi won one World Series and made the playoffs six times.
After the Yankees lost in the ALCS, Girardi professed his love for managing but said he would once again discuss his situation with his wife and three children, asking them what they thought was best for their family. He has expressed similar sentiments on previous occasions when his contract was up but has always returned to the team.
Girardi has had aspirations to work in baseball operations, possibly in the commissioner's office. He also could return to broadcasting. Girardi also has a passion for college football, and while he has said it is a long shot, he's spoken about serving as an athletic director.
After managing the Marlins for one year, Girardi took over the Yankees in 2008. He won a World Series in 2009 and finishes his Yankees tenure with an overall record of 910-710.
As a catcher, Girardi played for 15 years in the big leagues, winning three World Series titles in four years with the Yankees.
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