Fresh off hitting his 500th home run, Miguel Cabrera has confirmed that he plans to retire after the 2023 season.

"My right knee is really bad," Cabrera said. "I need to take care of this in the offseason and prepare myself for next season. I say two more years. I think that's enough. I will be happy with 20 years in the big leagues if I can make it. Thank God for giving me this opportunity. Two more years and I'm done."

Cabrera is set to make $32 million in both 2022 and 2023. He has vesting options in his contract worth $30 million for both 2024 and 2025, but they are triggered by him finishing in the top 10 of AL MVP voting, something he hasn't done since 2016.