In September 2009 he signed a new 12-month rolling contract and took on the title of manager rather than first-team coach.
The Eagles have no funds to remain operating beyond the end of the season and face the prospect of selling off their players to generate income, while the short-term contract of manager Paul Hart has expired.
Louis Cardinals announced a three-year contract extension with general manager John Mozeliak on Thursday and exercised the 2014 option for manager Mike Matheny, hoping the pair will keep the team contending for the World Series.
It works both ways of course - why should a manager be able to walk out of his contract to go to another club when a player cannot - but the whole problem is that the contracts that managers sign are not worth the paper they are written on.
"I'm absolutely thrilled that Aiden has signed this new four-year contract, " said Celtic manager Martin O'Neill.
Tottenham Hotspur have finally agreed to terms on a three year contract with ex-Chelsea and ex-Porto manager Andre Villas-Boas after nearly three weeks of having their managerial position vacant.
FORBES: Why Villas-Boas Will Be Under More Pressure at Spurs Than Chelsea
The former Rotherham and York manager was handed a three-year contract by Mansfield on his arrival in the summer, although a protracted takeover of the club was only completed earlier this week.
However, with just one year remaining on Arbeloa's Anfield contract, Liverpool manager Rafael Benitez has allowed the 26-year-old to move on, with recently- signed Portsmouth defender Glen Johnson likely to be first-choice right-back at the English Premier League club next season.
He was made permanent manager in May on a three-year contract.
New Cardiff City manager Malky Mackay has made out-of-contract Scotland winger Craig Conway his first signing.
Rivera began his morning farewell news conference with a joke, telling the assembled reporters and team personnel that he was grateful to Yankees general manager Brian Cashman for a two-year-contract extension carrying into 2015.
The most obvious is Dodger manager Joe Torre, 70, whose three-year contract ends this season.
FORBES: Torre, Pettitte Could Follow Piniella Into Retirement
The Dutchman was also linked with the vacant Nigeria coaching role, which subsequently went to former Sweden manager Lars Lagerback, who signed a five-month contract on Friday.
Swansea manager Roberto Martinez was delighted with his acquisition - whose contract is believed to be for at least two years - and says Bodde has the quality to take the club forward.
The 36-year-old joined Vale as player-assistant manager in July 2009 and has been offered a contract to remain with the club for the new season.
The usual hedge-fund contract at least protects you from getting whipsawed by a manager who makes money one year, loses it the next and makes it back the third year.
Meanwhile, trialist Claus Jorgensen has refused a deal at Vale Park after manager Micky Adams offered the former Blackpool midfielder a short-term contract, and striker Steve Thompson has joined Blue Square North side Stafford Rangers on loan.
BP's UK logistics infrastructure manager, Mark Hardie, said the contract was part of BP's long-term marine strategy to support its UK offshore operations.
BBC: Aberdeen shipping firm North Star wins ?63m BP contract
Eriksson announced his decision to step down as England manager before the 2006 World Cup in Germany - two years before his contract was due to expire.
"I don't think that there has ever been a summer with so much managerial speculation and we are delighted that, with Ian McCall signing a three-year extension to his contract, much of that speculation surrounding our manager has been removed, " said Cowan.
Club manager Walter Smith, who worked without a contract since January, recently agreed a one-year deal, and hopes that on his retirement he will leave the team in good shape for his preferred replacements, assistants Ally McCoist and Kenny McDowall.
Norwich manager Nigel Worthington celebrated signing a new contract by leading his side to a victory over 10-man Walsall.
Miller's current contract, like his manager's, runs until the end of the season and the 30-year-old is yet to sign an extension.
BBC: August awards for Rangers boss Smith and striker Miller
But Swans manager Roberto Martinez says he is keen to retain all of his out-of-contract players.
Saturday's contest was the first match at Turf Moor since the Clarets appointed Eddie Howe as manager on 16 January, on a three-and-a-half-year contract.
Andreas Hinkel and Mark Wilson are out of contract at the end of the season and manager Neil Lennon has moved to increase his options at full-back.
BBC: Cardiff full-back Matthews signs pre-contract at Celtic
Paul McVeigh has featured in all of Norwich City's pre-season matches so far and is hoping to impress the manager and get himself a contract.
Zaccheroni's appointment ends, for now, media speculation that Liverpool manager Rafael Benitez would take charge at Juve, but the short-term nature of his contract until June raises questions about the permanence of his stay.
Horsfield signed a one-year contract with Port Vale on Tuesday and will work at Vale Park as number two to manager Micky Adams.
General Manager Brian Cashman was ready to let A-Rod leave when he opted out of his prior contract back in 2007, only to be overruled by the caving Hank Steinbrenner.
FORBES: Ibanez Hits For A-Rod: Great Now, Troubling For The Yankees' Future
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