Cardinals give manager Matheny three-year extension

Updated: 

The St. Louis Cardinals have signed manager Mike Matheny to a three-year extension that runs through the 2020 season.

"Mike has continued the Cardinals tradition of winning in his first five years as manager, and we are happy to extend his contract leading our club on the field through 2020," principal owner and CEO Bill DeWitt Jr. said in a statement.

Matheny is 461-349 in his five seasons with the Cardinals, an average of 92 wins per season, the highest average among MLB managers in that span.

The Cardinals' three-season hold on the National League Central title was broken this campaign by the World Series-champion Chicago Cubs.

St. Louis have made the postseason in four of Matheny's five seasons, but the Cardinals' failure to reach the playoffs this time around has left some unhappy with his work, particularly in the context of their arch rivals winning the World Series.

Meanwhile the Minnesota Twins, who finished the 2016 season with the worst record in MLB, have appointed Texas Rangers assistant general manager Thad Levine as their new senior vice president and general manager.