"I haven't talked to anybody yet about it, but he's a really impactful pitcher, so the answer to that would be an easy yes," Cashman said at the Yankees' end-of-season news conference.
The right-hander, who will turn 29 in February, was effective but limited during the Yankees’ 99-win season due to a lat injury.
Severino pitched to a 3.18 ERA (3.79 FIP) and 1.00 WHIP over 102 innings with 112 strikeouts in 2022, but injuries limited him to just 19 starts.
In two appearances in the postseason, Severino allowed six runs over 11 innings pitched, which amounted to a 4.91 ERA (2.66 FIP).
Since he was an All-Star in back-to-back seasons in 2017 and 2018, Severino has only appeared in 26 games over 120 innings.