facebook
twitter
rss
account
search
search
 

Torre walks away from the Yankees

Oct. 18, 2007 at 6:09 PM   |   Comments

NEW YORK, Oct. 18 (UPI) -- Joe Torre Thursday rejected a one-year offer to continue as manager of the New York Yankees.

The decision came after there was no decision during several meetings by the team’s executives this week about Torre's future.

MLB.com reported the contract would have paid him a base salary of $5 million, with $1 million bonuses for each level of the post-season the Yankees reached next season.

Club president Randy Levine claimed in a conference call with reporters the bonuses would have meant Torre could have earned as much as $8 million next season.

"It is now time for the New York Yankees to move forward," Levine said. "We felt we needed to go to a performance-based mode.

"We thought the offer was very fair and it clearly was at the top of the market."

Torre, 67, led the Yankees to four World Series titles and 12 consecutive playoff appearances, and won more post-season games than any skipper in major league history.

Topics: Joe Torre
© 2007 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
UPI Sports Schedule for Saturday, October 25
2
UPI Sports Results for October 24, 2014 UPI Sports Results for October 24, 2014
3
NCAA Game Summary - Central Michigan at Buffalo
4
NCAA Game Summary - Michigan at Michigan State
5
LSU rallies, pins first loss on No. 3 Ole Miss
Trending News
Around the Web
x
Feedback