Yanks, Torre part ways after 12 seasons Joe Torre is out as manager of the New York Yankees, rejecting a substantial pay cut after the team failed to make it past the first round of the playoffs for the third straight year. Torre turned down a $5 million, one-year contract Thursday -- $2.5 million less than he made last season. White Sox hand Twins key loss 4-3 With the chance to take over sole possession of first place in the AL Central, the Minnesota Twins came up just short.