Andy Pettitte has declined his option for next year with the New York Yankees, worth $16 million, due to Pettitte questioning his future in baseball.
"I have spoken with Brian Cashman, who has reiterated what Hank Steinbrenner said about the Yankees wanting to give Andy all the time he needs to decide about next season," Pettitte's agent, Randy Hendricks, said in an e-mail to The Associated Press. "Accordingly, we are declining to exercise the option for 2008 and Andy will declare free agency in order to free up a roster spot for the Yankees.
Pettitte has made it clear that his two options are the Yankees or retirement. It will be interesting to see what his decision is and how it affects the Yankees' offseason plans.
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