Girardi is set to become one of the highest paid managers in baseball should he accept the offer.

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.

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.