Yankees' Torre Rejects Pay Cut, Short Contract

by Deborah Amos, NPR
October 19, 2007

Joe Torre turns down a one-year deal to remain manager of the New York Yankees because of a pay cut to $5 million from $7.5 million. Though one of the most successful managers in baseball history, failure to lead the team out of the first round of the playoffs put him on the hot seat.

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