Kuroda has thrown 421 innings the past two seasons for New York, posting a 3.32 ERA. He has also consistently taken the ball every fifth day, starting 33 games in 2012 and 32 games in 2013.
The veteran has signed one-year contracts with the Yankees each of the past two offseasons, considering a return to Japan before ultimately deciding to pitch in New York. Kuroda, however, told Mark Hale of the New York Post earlier in the year that it is a "misconception" that he ultimately plans to end his career in Japan.
The Yankees are expected to offer Kuroda a $14.1 million qualifying offer, which would represent a slight pay cut from his $15 million salary in '13. The two sides could renegotiate the deal if the pitcher accepts the offer.