Jorge Posada will announce his retirement shortly, a person with knowledge of the situation confirmed, choosing to end his 17-year career as an exclusive Yankee rather than continue his career elsewhere.

The Yankees will participate in Posada’s announcement, which very well may take place at Yankee Stadium — a sign that the two sides were able to work past the tensions of 2011 and appreciate their meaning to each other.

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The longtime Yankee catcher would retire with a lifetime .273 batting average and 275 home runs. After getting just a few at-bats during the Yankees' 1996 World Series season, Posada became an integral part of the lineup starting in 1997, helping the team to championships in 1998, 1999, 2000 and 2009. He hit at least 19 home runs every year from 2000-2007.

Posada was selected to three All-Star games and finished third in the 2003 AL MVP vote, when he hit .281 with 30 home runs and 101 RBIs. He earned five Silver Sluggers.

After spending his entire career with the Yankees, Posada is entrenched on many of the team's all-time lists. He ranks 10th in total bases (2,888), eighth in games played (1,829), eighth in home runs and fourth in intentional walks (78).