An emotional Joe Torre called the Yankees' one-year, $5 million offer "an insult" today. Three million dollars in incentives didn't help, he said: “I’d been there 12 years and did not feel motivation was needed." The offer was still sizable, despite a $2.5 million pay cut—"nothing to sneeze at," he admitted—"but the fact that somebody is reducing your salary just tells me they are not satisfied."
Torre spoke to media in a New York hotel ballroom, his emotions ranging from teary-eyed to self-deprecating, Newsday reports. He said the Yankees refused to negotiate, dismissing his counter-offer "real quickly." Asked if the deal was meant to send him packing, Torre said, "That's for you guys to decide."