Tue 11/4/14 9:54 PM

Soriano announced his retirement Tuesday, Jon Heyman of CBSSports.com reports. The 38-year-old Soriano was unable to find a suitable offer after the Yankees cut ties in mid-July, and it seems he's come to terms with this being the end of his playing career. A seven-time All-Star, he hit .255 with 36 homers and 101 RBI in his last full season in the majors in 2013, but his BB/K fell to an atrocious 0.08 in 2014 and his mobility is rather limited at this stage. Soriano will finish his 16-year career with a .270/.319/.500 batting line, 412 homers and 1,159 RBI in 1,975 games.