Torre's news conference

Joe Torre's news conference just wrapped up, and I'd say that he came out looking like the good guy.

He felt insulted by the incentives in the offer, saying that he didn't need any motivation. I agree with him. With all of the success he had, he knew what was expected of him. He also felt shafted with only being offered one year. That left him in lame-duck status, which is something no one wants.

The pay cut didn't bother him as much as the years and incentives. Last night, I focused on the 33% pay cut. Apparently that didn't affect Torre as much as I thought it would have. The Yankees also did not allow Torre to negotiate this offer.

Torre said that he didn't have many regrets during his time as Yankees manager. One of them was that he felt he should've gone out on the field during the Canadian Soldier invasion during Game 2 of this year's ALDS.

So there you have it. The Joe Torre era in New York has ended.

For minute-by-minute coverage of this news conference, Newsday had minute-by-minute coverage of it.

For even more on this story, Torre will be appearing on Mike and the Mad Dog on WFAN and YES at 4:30 p.m.