All good points.
If I was Torre, you are right, I might tell Georgie boy to stick it, mainly for his lack of gratitude. Then I would scout out the teams that might have the best chance of preventing the Yankees from winning again and see if they wanted my services.
Then a pay cut would certainly be acceptable.
My previous answers were based on a desire/need to continue working in the same field, which is different then this situation.
Look at that you just changed your tune. You admitted the offer is a “lack of gratitude” (an insult). See I was right to call BS.