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: Jose Ramirez close to four-year extension with Indians

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Yahoo Sports’ Jeff Passan reports that third baseman Jose Ramirez is finalizing a four-year extension with the Indians. The deal is said to be worth north of $30 million, and may crest $50 million if all options are exercised. While the extension won’t take effect until the 2018 season, it guarantees Ramirez a $26 million sum with two options worth $11 and $13 million and will give the Indians control of the infielder through the 2023 season.

Ramirez, 24, is entering his fifth season in the Indians’ organization. He posted career-high numbers during his first full season in the majors, slashing .312/.363/.461 with 11 home runs, 22 stolen bases and 4.8 fWAR in 2016. He’s projected to have a strong follow-up season at the plate and will likely see some time at second base as Jason Kipnis works his way back from a shoulder injury.

Although 2016 only showcased the beginning of Ramirez’s success with the club, FanRag Sports’ Jon Heyman says it’s a standard move for Cleveland to “sign their stars early,” and indicates that Ramirez was rumored to want the deal. Jeff Todd of MLB Trade Rumors adds that the extension will keep Ramirez under club control through three arbitration-eligible years and one year of potential free agency.

Diamondbacks return Rule 5 pick Tyler Jones to Yankees

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Diamondbacks’ right-hander Tyler Jones is headed back to the Yankees, the teams announced on Friday. The Diamondbacks had previously selected Jones in the Rule 5 draft last December, but elected to leave the 27-year-old off of their 40-man roster heading into the 2017 season. Rule 5 draft rules stipulate that when a player is not kept on the receiving team’s roster, the player must be offered back to his original team.

Jones signed a minor league contract with the Yankees prior to the 2016 season. He pitched to an impressive 2.17 ERA, 2.2 BB/9 and 13.2 SO/9 over 45 2/3 innings with Double-A Trenton, but was unable to make the leap to Triple-A or beyond during his stay with the organization.

Jones’ outlook with the Diamondbacks appeared slightly more promising. GM Mike Hazen described the righty as a power arm with a “good fastball and power curveball” after selecting him in the Rule 5 draft, and early reports indicated that Jones would be in the mix for a bullpen spot. A rough spring performance — underscored by his lack of experience at the Triple-A and major league levels — undid most of that confidence, however, and the Diamondbacks weren’t willing to keep him on the active roster throughout the entire 2017 season in order to acquire his control rights.

Jones is set to open the season with Triple-A Scranton/Wilkes-Barre, per a report from the Yankees.