Joe Torre turned down the one-year offer made to him today. The contract included a club option for 2009, but included a paycut from $7 million to $5million in base salary. There were, however, incentives which would have paid Torre $1 million for making the playoffs, another million for getting into the ALCS and a final million for getting to the World Series. Meaning, the contract offer was potentially worth $8 million for next year.
It will be interesting to see what Torre says, if anything, about his decision. Though it's not out of the realm of possibility that New York modifies its offer to a guaranteed $7 million contract, it appears from what Brian Cashman and others said that the Yankees are already moving toward Torre's replacement.
Shocking development.
It will be interesting to see what Torre says, if anything, about his decision. Though it's not out of the realm of possibility that New York modifies its offer to a guaranteed $7 million contract, it appears from what Brian Cashman and others said that the Yankees are already moving toward Torre's replacement.
Shocking development.
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