From Mark Feinsand:

Although no decision was made regarding Joe Torre's future during the second day of the Yankees' organizational meetings, it appears that the group of front-office execs was able to agree on something. ...

"I can reaffirm that if Alex Rodriguez opts out of his contract, that we will not participate in his free agency," Cashman said after the second day of meetings concluded. "That is accurate and that is definitive."


Via Dave and Aziz.