The links about him appear to have reached a critical mass, so you can take a look at the MLB.com story about a New York Daily News report that states that Joe Torre will be out as Yankees manager if he doesn't resign first. Lou Piniella would be the replacement. Apparently such orders come from on high and CANNOT BE COUNTERMANDED!
In this story in the New York Times this passage seemed interesting to me.
At 76, Steinbrenner is more of a shadowy presence than a looming threat. His son-in-law, the general partner Steve Swindal, is considered more rational than Steinbrenner, a calming presence who has a strong relationship with Torre.
Sounds like something Jim Phelps would be listening to on a tape at the beginning of "Mission: Impossible."
"Jim, your mission, should you choose to accept it, is to save Torre's job by discrediting Steinbrenner and replace him with Swindal."
Cut to a scene in Jim Phelps apartment.
"Barney, have you prepared the mechanical Steinbrenner?"
"Yes, Jim, he is programmed to fire managers and PR directors."
"Rollin, can you impersonate Swindal?"
"I think so, Jim."
"Cinnamon, will you be able to convince Steinbrenner that your really Alex Rodriguez's mother?"
"Yes, Jim. The makeup is in place."
"Willie, did you memorize your three lines?"