The New York Yankees will hold a press conference with Mark Teixeira on Friday afternoon, but the club didn't announce any reason.

Buster Olney is reporting that Teixeira, 36, will announce that he will retire at the end of the season.

Teixeira has hit .269/.361/.511 with 404 home runs in 7,894 plate appearances over 14 seasons. He was the fifth overall pick by the Texas Rangers in the 2001 draft.