Bryan Price will return as Cincinnati Reds manager in 2017

The Cincinnati Reds announced Friday manager Bryan Price has signed a one-year extension and will manage the team in 2017.

The rest of the coaching staff was also offered contracts for 2017.

Price, 54, signed a three-year contact after the 2013 season to replace Dusty Baker after serving as the Reds’ pitching coach for four seasons.

“I’m thrilled to have the opportunity to come back and see this through, this vision of getting back to the much higher expectations that we’ve had here historically with this great franchise,” Price said. “We can see the light at the end of the tunnel here, with the combination of young players and veterans and knowing we’re starting to stockpile talent from within the system. I’m happy to be here to see this turnaround.”

The Reds are 67-92 with three games to play against the Chicago Cubs this weekend.

“I like the young, aggressive team Walt and Dick have put together with players from within our system and from recent trades,” Reds President and Chief Executive Officer Bob Castellini said, referring to President of Baseball Operations Walt Jocketty and Senior Vice President, General Manager Dick Williams. “Bryan has been here seven seasons now. He’s comfortable with the direction we are heading with our young players, and we are comfortable with him leading us in that direction.”

The Reds struggled during the first half of the season (32-57, .360 winning percentage), but are 35-35 (.500) since the All-Star Game.

“Three years ago we felt Bryan was the right person to help us move the organization forward, and our opinion of him hasn’t changed. While we haven’t produced the record we would have liked, we look at the youth of our team, particularly our pitching staff, and the unusually large number of injuries we’ve suffered over the last few years,” Jocketty said. “We are very happy with the performances of some of the young players we’ve acquired over the last couple of seasons. We’ve been particularly pleased with the production provided by Anthony DeSclafani, Brandon Finnegan, Adam Duvall, Eugenio Suarez, Jose Peraza and Scott Schebler.”