09/15/12 1:51 PM ET
Dodgers reportedly give Colletti long-term extension
By Ken Gurnick / MLB.com
New club president Stan Kasten had previously answered questions about his baseball operations staff by saying that "management is permanent" and that he expected Colletti to remain with the club. Colletti on Friday night said manager Don Mattingly, who is already under contract for 2013, would return to manage the club whether it made the postseason or not.
This is Colletti's seventh season as general manager. He was hired to replace Dan Evans in November 2005 by former owner Frank McCourt, who three years ago gave Colletti a three-year extension, plus mutual options.
The Dodgers reached the postseason in three of the first four seasons under Colletti, but never reached the World Series. Although the Dodgers were in first place most of the first half of this season, recent offensive struggles have dropped the team 7 1/2 games back in the division race and they are battling to secure a Wild Card berth.
Colletti had to work under severe financial limitations the previous two seasons as McCourt took the team into bankruptcy. The sale of the Dodgers from McCourt to Mark Walter's Guggenheim Baseball Partners, Kasten and Magic Johnson, for $2.15 billion closed May 1.
Since then, the Dodgers have extended Andre Ethier's contract for $85 million, outbid all clubs with a $42 million deal for Cuban exile Yasiel Puig, then picked up more than $300 million in future payroll while dealing away prospects to get Hanley Ramirez, Adrian Gonzalez, Josh Beckett, the injured Carl Crawford, Joe Blanton, Brandon League, Nick Punto and Randy Choate.
Ken Gurnick is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.