Breaking news out of the Yankee Brass meetings is that Joe Torre has turned down the offer to return as manager.
Details are just coming out, but plenty more to come obviously. Discuss.
Update: It's good to see ESPN had the inside info on this story today.
Update 2: Now they've got the contract info:
The Yankees offered Torre a one-year deal with a base salary of $5 million and incentives that would have increased his salary to $8 million based on postseason performance. Under that offer, if Torre reached the World Series in 2008, an option for 2009 would have vested.












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