Yanks Pitcher Andy Pettitte Set to Announce Retirement

Yankees pitcher Andy Pettitte, a five-time World Series champ, reportedly plans to announce he will retire during a news conference Friday at Yankee Stadium.

A person familiar with the announcement spoke with the Associated Press on the condition of anonymity because the news conference had not yet been announced.

Pettitte, 38, had been telling the Yankees since the end of the season that it was likely he wouldn't play in 2011. He became a free agent and has not attempted to negotiate a contract.

His intention to retire first was reported by YES Network's Michael Kay.

The left-hander is 240-138 with a 3.88 ERA in 16 major league seasons. He had a postseason major league record with 19 wins.

Pettitte's departure leaving a huge hole in the Yankees' rotation, with no proven starters behind CC Sabathia, Phil Hughes and A.J. Burnett.

With the Associated Press