YES Network.com

Mariano Rivera announced Saturday in Tampa, Fla., that he plans to retire from baseball after the 2013 season.

"It has been a privilege and honor to wear the pinstripes uniform that I have proudly worn for so many years," he said at a news conference.

Rivera, who has been a Yankee since 1995, enters this season as Major League Baseball's all-time saves leader with 608 regular-season saves. His postseason numbers are sterling, with 42 saves and a 0.70 ERA in 96 appearances.

When asked about the timing of his decision, Rivera responded, "Now is the time."

The 43-year-old closer said he has a desire to remain attached to the game in some capacity and mentioned working with Minor Leaguers as something he would enjoy.