Torre will not re-sign

Joe Torre will not return as manager of the New York Yankees after rejecting a substantial pay cut after the team failed to make it past the first round of the playoffs for the third straight year. Torre turned down a $5 million, one-year contract Thursday -- $2.5 million less than he made last season.
The 67-year-old Torre made his decision after traveling from New York to the team's spring training complex in Tampa, Fla., and meeting with Steinbrenner, the owner's sons and top executives for about an hour. He was accompanied by Cashman and chief operating officer Lonn Trost.

"A difficult day," general manager Brian Cashman said. Torre has scheduled a press conference for 2 p.m. ET Friday.

After being jerked around for 12 years by the Yankees it's amazing that Torre still has some dignity left. Turning down this deal shows he's got as much pride as a pack of lions. Only instead of lounging in the sun and eating raw meat, Torre slept in the dugout during games while Jeter prowled the stands.