Scully started as a broadcaster in 1950 with the Brooklyn Dodgers. He received the Ford Frick Award, given to a broadcaster for "major contributions to baseball," from the Baseball Hall of Fame in 1982 an was inducted into the National Radio Hall of Fame in 1995.
"The Dodgers are overjoyed to have Vin back with the team in 2014," Dodgers owner Mark Walter said in a statement Friday. "Vin IS Dodger baseball. The Dodgers, the sport of baseball and the city of Los Angeles are extremely fortunate to have him in our midst."
Scully has been behind the mike for three perfect games, 25 no-hitters, 25 World Series and 12 All-Star Games.
He is slated to call all nine innings of Dodgers games on television with the first three innings simulcast on radio.
"I have thoroughly enjoyed the excitement of this season and there is no way I could leave this truly remarkable team and our great fans," Scully said Friday. "With my wife Sandi's blessing, I've decided I'd like to come back and do it again next season.
"I love what the new ownership has brought to the team and the energy provided by the fans, who have packed renovated Dodger Stadium. It reminds me that, other than being home with my family, there is no place else I'd rather be."