Michael Kay reports that free agent pitcher Andy Pettitte is set to announce his retirement from the MLB. Pettitte played for 16 seasons, 13 of them with the New York Yankees and three of them with the Houston Astros. He had an offer from the Yankees for millions of dollars, but he turns it down to hang up his spikes. 
During his career Pettitte won five World Series, all with the Yankees, went to three All-Star games, and finished in the top six in the Cy Young Award voting five times.
For the Yankees, they now face the problem of putting together a strong enough pitching staff to compete with the Boston Red Sox and the rest of the American League. Right now they have CC Sabathia, Phil Hughes, and A.J. Burnett. Bartolo Colon, Freddy Garcia, Ivan Nova, Andrew Brackman and Sergio Mitre will fight in Spring Training for the finial two spots in the rotation.