The Yanks offered Manager Joe Torre a contract that he had to decline. It was for significantly less dollars, and at only 1 year in length, it wouldn’t give Torre the authority that he should have as the leader of the team. SI’s Tom Verducci and Yahoo’s Dan Wetzel have great pieces on it. Paying someone not to perform (i.e. if they chose to fire Torre at a later date) for the organization has never been something that’s gotten in George Steinbrenner’s way before. And Mike and the Mad Dog have a good interview with Torre, but you have listen to about 60 seconds of sponsorhips before they start chatting.

Additionally, what does this hold for A-Rod? The Yanks wanted 25% of Torre’s pay to come from postseason performance, and looking at A-Rod’s numbers, he’d be leaving a lot of money on the table if he had to play under the same arrangement. While A-Rod’s agent, Scott Boras, thinks he’s worth $30 Million annually, right now the Yanks are only on the hook for about $18 Million annually for the next 3 seasons (Texas pays the balance of A-Rod’s salary). Why would the Yanks pay 40% MORE for a player hitting .159 with 1 HR and 1 RBI the last 3 seasons in the playoffs (team record 4-9)? Especially when the Yankees haven’t been winning postseason series with Rotisserie Baseball Players (i.e. Sheffield, Giambi) in their lineup. They were much more successful when their lineups featured FUNDAMENTAL baseball players like 1B Tino Martinez, 3B Scott Brosius, and OF’s Paul O’Neill and Bernie Williams.

Then let’s look at stability. Torre managed 12 seasons. In the 12 seasons prior to Torre (1984-1995), the Yankees had a bunch of managers:
92-95: Buck Showalter
90-91: Stump Merrill
89-90: Bucky Dent
89: Dallas Green
88 Billy Martin
86-88: Lou Pinella
85: Billy Martin
84-85: Yogi Berra
And while the Yankees weren’t making the playoffs and winning any World Series titles in that period, they were more stable managerially than they were in the 70’s and early 80’s when they were.

The Yankees

Why is Joe Torre on the hot seat? Did he choose SP Carl Pavano? He's 5-6, 4.77 ERA in 19 starts in 3 YEARS! No postseason appearances. Or SP Jaret Wright? He was 16-12 in 2 seasons, but had a 4.99 ERA. Playoffs, he lasted less than 3 innings and took the loss in his only start. Or RP Kyle Farnsworth? He's 5-7, 6 saves w/ a 4.57 ERA in his two seasons in pinstripes. At least Farnsworth has contributed 3 scoreless innings in the last 2 postseasons. THOSE 3 acquisitions since the collapse against the Red Sox in 2004 are a big reason why the Yankees haven't played an ALCS game since then.