The Oakland Athletics will extend the contract of general manager Billy Beane through the 2019 season, club owner Lew Wolff said Tuesday in an interview with Bloomberg Television.
Wolff said he expects Beane and team president Michael Crowley to sign contract extensions within 30 days that would keep both front-office members with the club for the next eight seasons.
Beane has been Oakland's GM since the end of the 1997 season. Priding himself on the "Moneyball" tactics that fueled the inspiration behind both a book and film of the same name, Beane has focused on acquiring players with high on-base percentages.
The Athletics, who have not made the playoffs since 2006, finished the 2011 campaign at 74-88, third in the American League West.
Zack Meisel is a reporter for MLB.com. Follow him on Twitter @zackmeisel. This story was not subject to the approval of Major League Baseball or its clubs.