Well the New York Yankees will have to locate a new manager for the up coming 2008 season and foreseeable future. It’s official, Joe Torre is now former New York Yankee manager. Joe Torre passed on an incentives based contract offered by the New York Yankee club house.
According to FoxSports.com 2007, “When he (Torre) heard the offer – $5 million for next year and the chance to earn $3 million more in bonuses – he knew the team’s management wanted him to walk.” New York’s offer included $3 million in bonuses if the Yankees reached next year’s World Series — $1 million for each round reached — and an $8 million option for 2009 that would have become guaranteed if New York won the AL pennant.”
People I say, “What’s wrong with that?” “Torre just completed a $19.2 million, three-year contract. The Chicago Cubs‘ Lou Piniella was the second-highest paid manager at $3.5 million (FoxSports.com 2007b).” Torre made on average $6.4 million on $19.2 million for three years. The new deal has the potential for Torre to make if I’m not mistaken, $8.0 million when the New York Yankees win the World Series in 2008. He is actually being offered $1.6 million dollars more than he was previously paid each of the past three years (if you average his $19.2 MM salary over the term of the agreement). Then if the New York Yankees win the World Series he would stay on as manager going into the 2009 season and start that year off right where he left off at $8.0 million. “What’s wrong with that?”
Torre would only be taking a pay cut in the 2008 season if he thinks he can’t deliver a World Series. Does Torre think he can’t deliver?
“”Under this new offer, he would continue to be the highest-paid manager in major league baseball,” team president Randy Levine said. “We thought that we need to go to a performance-based model, having nothing to do with Joe Torre’s character, integrity or ability. We just think it’s important to motivate people (FoxSports.com, 2007c).”
“Torre called Cashman on Tuesday and asked to meet with the 77-year-old Steinbrenner and the owners’ sons, Hal and Hank, who have taken an increased role in recent months. They spent an hour together, and then Torre was gone (FoxSports.com, 2007d).”
“Steinbrenner let his sons do the talking (FoxSports.com, 2007e).” I must say it is condescending to have Steinbrenner’s sons “do most of the talking” especially after 12 years and during a situation like this.
As a dedicated New York Yankees fan for many years, I was born in Bronx, New York on the Concourse at Misericordia Hospital in 1965, not far from Yankee Stadium and I still have family that lives 4 blocks from the stadium, so I am a true New York Yankees fan I want braggin rights, I want wins and I definitely want to see the New York Yankees win the World Series. That’s the bottom line
With the so called stellar roster we had this year we did not deliver. The New York Yankees did not deliver. So in my opinion the organization has to take a hard look at all of the expenses especially administration costs. This is New York City not Kansas City. In a big time city you have to produce big time results or step aside. If you want quiet go to Kansas City. We are in New York where we make noise and want to see good results. World Series rings.
In reference to quotes in this post from other web sites it must be noted that third party sites update their stories on a day to day basis. Some of the references may deem to be inaccurate due to an updated article. At the time of this blog posting the references were accurate and posted according to APA style citation.
FoxSports.com. (2007). Torre: Yankees’ contract was ‘an insult ‘ . Associated Press. Retrieved October 19, 2007. Web.
FoxSports.com. (2007b). Torre: Yankees’ contract was ‘an insult ‘ . Associated Press. Retrieved October 19, 2007. Web.
FoxSports.com. (2007c). Torre: Yankees’ contract was ‘an insult ‘ . Associated Press. Retrieved October 19, 2007. Web.
FoxSports.com. (2007d). Torre: Yankees’ contract was ‘an insult ‘ . Associated Press. Retrieved October 19, 2007. Web.
FoxSports.com. (2007e). Torre: Yankees’ contract was ‘an insult ‘ . Associated Press. Retrieved October 19, 2007. Web.
© 2007 FoxSports.com, Associated Press, Jerry Calliste Jr. & jerrycallistejr.com. All Rights Reserved.