Updated

The Tampa Bay Rays and manager Joe year contract extension, according to The Tampa Bay Tribune.

The Rays have scheduled a Wednesday morning press conference at Tropicana Field.

Maddon took over the team prior to the 2006 season and suffered through two losing campaigns before finding success. In 2008, he piloted the franchise to its first winning season (97-65), an AL pennant and a trip to the World Series before falling to Philadelphia in the Fall Classic. Maddon was later rewarded by being named AL Manager of the Year.

The Rays have averaged 90-plus wins over the past four seasons, with three playoff appearances during that span. Tampa Bay has lost in the ALDS in each of the past two seasons.

Maddon led the Rays to a 91-71 record this past season and was named AL Manager of the Year.

Prior to his time with Tampa Bay, the 58-year-old Maddon spent 31 years with the Angels organization, including six seasons as bench coach under Mike Scioscia. He was a member of the coaching staff for the 2002 Angels team that defeated the San Francisco Giants in seven games in the World Series. Maddon also had several interim stints as manager with the Angels.