What happened: General manager Brian Cashman agreed to a new contract on Wednesday pending final language for the same New York Yankees who hosted the Tampa Bay Rays in an October 9 postseason contest. Club ownership also confirmed the franchise is not for sale following its capital agreement.

Why it matters: The private equity funds are structured to provide long-term stability and buffer the organization during a potential July lockout. Meanwhile, the Tampa Bay Rays and Milwaukee Brewers meet in the Fall Classic with one club guaranteed to win the first championship in its

What to watch: Tampa Bay faces its Game 1 decision against Milwaukee as the World Series opens, while New York completes the final language on Cashman's deal.