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NEW YORK - Jorge Posada was watching television when he saw speculation on which teams were interested in signing him as a free agent.

"They put my face on different uniforms," he said. "And it didn't look good."

He began a Yankee and ended as a Yankee, spending his entire 17-year career in pinstripes.

Flanked by his wife and children, with five World Series trophies on a table to his right, the five-time All-Star catcher retired at age 40 on Tuesday. He finished with a .273 average, a .374 on-base percentage and a .474 slugging percentage.

At a crowded Yankee Stadium news conference, Derek Jeter, Mariano Rivera and CC Sabathia were among those who watched Posada fight off tears as he sat on a dais with wife, Laura, 12-year-old son Jorge Jr. and 9-year-old daughter Paulina. It was clear the rest of the family also wanted to be Yankees lifers.

"This is so cool," Paulina said to her dad as she picked up the cardboard in front of her seat with her name and the famous interlocking "NY" logo. "I'm going to keep this."

Posada joins Bernie Williams and Andy Pettitte in retirement, leaving only Jeter, 37, and Rivera, 42, from the core group that led the Yankees to four World Series titles from 1996-2000.

"Mariano said this is it. He says one more year. But Derek says he's got like three more to go. So we'll see," Posada said.

DEAL FOR LINCECUM: Two-time NL Cy Young Award winner Tim Lincecum, 27, and the Giants reached a verbal agreement on a two-year contract worth $40.5 million.

CUBAN STAR: Cuban outfielder Yoenis Cespedes has established legal residency in the Dominican Republic, the final hurdle to becoming a free agent, agent Edgar Mercedes said.

DODGERS SALE:About 12 groups submitted initial bids to buy the club from Frank McCourt, including Mavericks owner Mark Cuban.

A'S: Free-agent right-hander Bartolo Colon, 38, agreed to terms on a one-year contract.

BLUE JAYS: Right-hander Brandon Morrow, 27, agreed to a $21 million, three-year contract that avoided salary arbitration. ... Free-agent right-hander Francisco Cordero, 36, agreed to a one-year, $4.5 million deal.

INDIANS: Manager Manny Acta said the pitcher known as Fausto Carmona won't make it to spring training. Carmona, 31, whose real name is Roberto Hernandez Heredia, is accused of using a false identity to play baseball in the U.S. and faces a judicial process in the Dominican Republic.

ORIOLES: Infielder Wilson Betemit, 30, agreed to a two-year, $3.25 million contract.