Torre uncomfortable with pay cut, incentives in deal
RYE, N.Y. -- Joe Torre told his side of the story Friday, saying the pay cut and performance incentives in the New York Yankees' one-year contract offer were an "insult."
"I just felt the contract offer, the terms of the contract, were probably the thing I had the toughest time with -- the one year for one thing, the incentives for another thing," Torre said of his reasons for declining the offer. "I've been there 12 years and I didn't think motivation was needed."
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YANKEES IN TRANSITION
Joe Torre's 12-year tenure with the Yankees came to an end after he turned down a one-year, $5 million offer to return as their manager. Joe Girardi has agreed to a three-year contract to be Torre's successor.
News• Dodgers' Little resigns; no word on Torre
• Yankees hire Girardi to manage | Changes
• Mattingly still wants to manage
• Reports: Torre could head to Dodgers
• Report: Hank Steinbrenner fires back at Torre
• Torre: Pay cut, incentives doomed deal
• Torre turns down offer to return as skipper
• Shock, sadness greet Torre's departure
• Possible Torre successor hired to manage K.C.
Analysis• Kreidler: Torre, A-Rod would sure help L.A.
• Law: Girardi is perfect choice
• Neyer: Girardi was obvious choice • Gammons: Yankees will survive
• Torre, A-Rod could help some team win
• Nelson: Torre changing his stripes
• Klapisch: Will FAs follow Torre out of Bronx?
• Neyer: Torre headed for Cooperstown
• Olney: Torre led pinstripes with class
• Olney: How it ended for Torre
• Olney: Torre survived a dozen seasons
SportsNation• Rank the all-time managers
• What's next for Yankees?
Audio• Jayson Stark on SportsBash:
• Michael Kay Show: Bowa, Gammons, O'Neill
• Jim Leyritz: It's Series or bust
• Dusty Baker: Torre did right thing
• Michael Kay: Yanks' offer was fair