Following Friday's game, Rodriguez will be unconditionally released by the Yankees from his player contract in order to sign a contract to serve in his new role with the organization through Dec. 31, 2017.
Alex Rodriguez has always been a man of contrast and controversy, success and excess, but one thing is indisputable: He won't ever be forgotten.
Before the scandal and 2016 swoon, Alex Rodriguez was on track to be one of the best players in baseball history. But he leaves the game short of the milestones he was once destined to achieve.
With everything that has happened over his career, Alex Rodriguez will never be remembered simply as one of baseball's best players.
"This is a tough day. I love this game and I love this team,'' Rodriguez said, often choking up during Sunday's news conference. "And today I'm saying goodbye.''
According to Fox Sports, Rodriguez was told by the Yankees they wanted to release him.
The Yankees, who are pushing to play younger players, are contractually obligated to pay Rodriguez the remainder of his $21 million salary for this season and the $21 million he is owed for 2017, the final season of a 10-year, $275 million contract that was the baseball's largest when he signed it.
Yankees general manager Brian Cashman confirmed that Rodriguez and the team did not reach any type of settlement regarding the remainder of his contract. Rodriguez, therefore, will be paid the full sum still owed on his deal, which is approximately $27 million.
When asked if the Yankees considered letting Rodriguez play on another team in order to reach certain home run milestones, Cashman said no teams reached out to the Yankees to inquire about trading for him.
Cashman also indicated that Rodriguez is free to sign with any team following Friday's release.
"After spending several days discussing this plan with Alex, I am pleased that he will remain a part of our organization moving forward and transition into a role in which I know he can flourish," Yankees managing general partner Hal Steinbrenner said in a statement. "We have an exciting group of talented young players at every level of our system. Our job as an organization is to utilize every resource possible to allow them to reach their potential, and I expect Alex to directly contribute to their growth and success. Baseball runs through his blood. He's a tireless worker and an astute student of the game. Alex has already proven to be a willing and effective mentor to many players who have come through our clubhouse, and I am confident that this next phase of his baseball life will bring out the best in Alex and the next generation of Yankees."
A+ numbers for A-Rod
Here is where Yankees slugger Alex Rodriguez ranks all-time in career major offensive categories.
|–ESPN Stats & Information|
"We all want to keep playing forever," Rodriguez said. "But it doesn't work that way."
Statistically speaking, Rodriguez is a first-ballot Hall of Famer, but he may never get in because he was suspended a then-record full season in 2014 for performance-enhancing drug use. It was the second time he had admitted to using PEDs.
The Yankees had essentially made Rodriguez a full-time bench player this season a year after he was a vital member of the lineup during his 33-home run comeback in 2015. But he never could get going in 2016, hitting just .204 with nine home runs and 29 RBIs in 62 games. His OPS is .609.
Rodriguez told Fox Sports that being on the bench made him "very uncomfortable."
"I'm sure it was hard for them. It was hard for me," he told Fox Sports. "I've played almost 22 years in the major leagues and I've never sat on the bench. It was new territory, that's for sure."
Rodriguez, 41, has won three MVPs and has made 14 All-Star teams during his 19 full seasons in the big leagues. He is fourth on the all-time home run list with 696, trailing leader Barry Bonds (762) by 66.
"It's disappointing," Rodriguez told Fox Sports about falling short of 700 homers. "It would have been a lot of fun to give it a crack. I think I could have done it. But there's no shame in falling 18 home runs short of Babe Ruth."
Rodriguez recently sounded at peace with being cut, saying he would go home to Miami to spend more time with his daughters. Rodriguez mentioned his daughters this spring when he told ESPN he planned to retire following the 2017 season.
Rodriguez was drafted by the Seattle Mariners as the No. 1 pick in 1993. By 1996, at 20, he was an All-Star and second in the MVP voting after leading the league in average at .358 and home runs at 36.
By the time he was 25, he left Seattle for Texas for what was then the largest contract in American sports history, a 10-year, $252 million deal that exactly doubled the $126 million the Minnesota Timberwolves' Kevin Garnett was due to earn.
Though he personally produced for the Rangers, the marriage would last only last three years. After winning the MVP in Texas in 2003, Rodriguez was nearly dealt to the Boston Red Sox, who were still in the midst of their 86-year championship curse. A trade for Manny Ramirez was agreed upon, but was foiled by the MLB Players' Association, which wouldn't allow Rodriguez to give back money from his initial contact.
With Derek Jeter at shortstop and Aaron Boone — who just beaten the Red Sox with an AL Championship Series-winning Game 7 homer — at third, the Yankees did not have a need for Rodriguez. But when Boone tore ligaments in his knee playing pickup basketball, Yankees general manager Brian Cashman swooped in. Cashman dealt Alfonso Soriano and Joaquin Arias for Rodriguez. The Rangers chose Arias over a minor leaguer named Robinson Cano, who was on a list of players from which Texas could choose. Texas also paid $67 million of the $179 million that Rodriguez was still owed.
Rodriguez agreed to move from shortstop to third and play next to Jeter. Rodriguez went on to win three MVPs, and he finally shook off his postseason troubles by leading the Yankees offensively during their 2009 World Series run.
Prior to that season, Rodriguez first admitted to PED use after a Sports Illustrated story outed him.
Rodriguez said after the SI story that he was a changed man, but his involvement in Biogenesis and subsequent fight to try to overcome the allegations led him to file lawsuits against baseball, the players' association and a team doctor. He questioned the integrity of commissioner Bud Selig, as well as other executives, during a controversy-filled and sometimes comical attempt at a defense.
There was a thought Rodriguez may never play again after the suspension, but, with the Yankees still owing him $61 million, Hal Steinbrenner decided to let him return.
Rodriguez, looking for forgiveness, acted contritely and helped lead the Yankees to an AL wild-card berth in 2015.
This year, though, he and the team have not had the same results.
Information from The Associated Press was used in this report.