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During Cashman's tenure, the Yankees have won six American League pennants and four World Series championships.
Despite the team's success, in 2005 Cashman considered leaving the Yankees due to conflicts with owner George Steinbrenner and organizational disputes between team officials in New York City and Tampa.
The Washington Nationals were rumored to be interested in hiring Cashman, which would have brought him back to the city where he attended school.
Instead, Cashman agreed to a new contract with the Yankees following the conclusion of the 2005 season which gave him more authority in personnel decisions and paid him an average of $ 1. 3 million more over the following three years.

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