Jorge Posada confirms he won’t be back with Yankees

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This will come as no surprise to anyone with a basic knowledge of the Yankees’ roster. But, alas…

According to the AP, via NBCSports.com, free agent Jorge Posada said Wednesday before an annual dinner for his charitable foundation that he will not be back with the Yankees for the 2012 season.

Posada also told reporters that he hasn’t completely ruled out retirement, though he has already drawn free agent interest from “five to six” MLB teams.

“I feel I’m undecided,” said Posada. “I don’t know if I want to play. I don’t know if I want to stay home. I’m having fun with the kids and with the family, but I don’t know what I want to do. I don’t want to make the mistake of telling you that I’m not going to play or telling you that I’m going to play when I don’t know what I want to do. … I will always be a Yankee.”

Posada batted just .235/.315/.398 in 387 plate appearances this season. He is no longer a capable catcher and probably shouldn’t be signed as anything more than a part-time designated hitter. But the 40-year-old could probably find an incentives-based major league contract if he truly wants to continue his career.

The Yanks will turn DH duties over to a combination of Jesus Montero, Alex Rodriguez and Derek Jeter.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.