Torre: Thanks, But No Thanks.

Joe Torre, manager of the New York Yankees for 12 years, has turned down a lucrative offer from George Steinbrenner -- a 1 year, $5m offer which would include three $1m bonuses: one if the Yankees were to reach the Playoffs, one if the Yankees were to be AL champs, and/or one if the Yankees won the World Series. If Torre had accepted the offer, and had led the Yankees to an '08 World Series championship, Torre would have also picked up an option for the 2009 season. However, the Yankees legend turned down the offer, and an era has come to an end. One has to wonder what Torre, age 67, plans to do next: retire or sign as a manager elsewhere?