Andy Pettitte announces that he’s retiring after the season

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UPDATE: Pettitte has now made it official, issuing a statement saying: “I’m announcing my retirement prior to the conclusion of our season because I want all of our fans to know now while I’m still wearing this uniform how grateful I am for their support throughout my career. I want to have the opportunity to tip my cap during these remaining days and thank them for making my time here with the Yankees so special.”

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Joel Sherman of the New York Post writes that he’s “getting a lot of buzz” that Andy Pettitte will announce his retirement later today.

Pettitte previously retired after the 2010 season, sitting out 2011 before re-signing with the Yankees last year. He pitched very well in 2012 and has been a solid mid-rotation starter this season, throwing 169 innings with a 3.93 ERA and 117/45 K/BB ratio. He’s been particularly good of late with a 2.02 ERA in 49 innings since mid-August, so performance-wise Pettitte is certainly still very capable of being an asset at age 41.

If this is it for Pettitte he’s lined up to make his final two starts in New York this weekend and in Houston next weekend. Those are the only two teams he’s ever played for and Pettitte lives in Texas, so that’s a helluva way to go out.

UPDATE: Sherman has confirmation that Pettitte is indeed calling it quits and says the left-hander “has told friends this season has been very hard on his body physically, much tougher than he had anticipated.” And in a nice bit of timing, his final Yankee Stadium start Sunday is on “Mariano Rivera Day.”

Report: Giants in “serious discussions” with Reds to acquire Billy Hamilton

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Zach Buchanan of the Cincinnati Enquirer reports that the Giants are engaged in “serious discussions” with the Reds to acquire center fielder Billy Hamilton. Talks are apparently advanced enough that a deal could be completed before the end of the Winter Meetings on Thursday.

It’s no secret that the Giants would like to make an upgrade in the outfield this offseason, as the club has also been linked to Red Sox center fielder Jackie Bradley, Jr. Currently, the Giants’ outfield consists of Denard Span, Hunter Pence, and Jarrett Parker.

Hamilton, 27, owns a meager .248/.298/.334 batting line across parts of five seasons in the majors with the Reds. However, he has plenty of speed, having stolen at least 56 bases in each of the last four seasons. Hamilton is also well-regarded for his defense, which would be a boon at spacious AT&T Park.

Hamilton is in his second of three years of arbitration eligibility. He’s projected to earn $5 million for this coming season. Buchanan notes that the Rangers are also interested in potentially acquiring Hamilton.