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We've read the accounts and chronology of how Andy Pettitte reconsidered retirement and signed a one-year minor league contract with an invitation to spring training with the New York Yankees.

General manager Brian Cashman is said to have wanted Pettitte to return since the end of the 2010 season, but that Pettitte felt it was time to retire.

In a move that shocked nearly everyone in the baseball world, Andy Pettitte and the New York Yankees agreed on a one-year deal, this morning, worth $2.5 million, effectively ending Pettitte's retirement.

The deal is a minor league pact with an invitation to the Major League Spring Training.

Pettitte retired after an 11-3 season with a 3.28 ERA in 2010, leaving many fans wanting more. He was an All-Star that season, and many believed that he had retired too soon.

Last year at this time, Rick Peterson was getting ready to take a trip to Italy, not the place where one of pitching’s most innovative minds usually spend March. It was just the second time in more than 35 years that Peterson had been away from a baseball diamond for any substantial stretch of time.

In his first outing this Spring, Phil Hughes looked closer to his 2010 form. After dropping some weight, Hughes was hitting 92-93 on the gun, according to scouts. 

Now these numbers aren't staggering, but for someone who was having trouble breaking 90 last year, this is a great sign. 

Alas, Carlos Guillen's 36-year-old body could take no more. After three disappointing seasons riddled with injury along the stretch of a 14-year MLB career, the former Tiger has announced his retirement.

Fox News and USA Today confirmed Guillen's retirement.

Former Major League Baseball All-Star Lenny Dykstra has been sentenced to three years in state prison on grand theft auto charges.

ESPN and the Associated Press are reporting that Corey Hart will undergo arthroscopic surgery to repair a torn meniscus in his right knee.

On March 3, Major League Baseball announced an additional Wild Card team from each league will be added to the playoff field this October.

After a horrifying moment last season on August 5, 2011, when Juan Nicasio's neck was broken after being hit in the temple with a line drive by Ian Desmond of the Washington Nationals. Nicasio suffered a fractured skull and had bleeding on his brain from the impact of the liner.

In their time of need, the Florida Marlins have called on the services of an old friend to aid in their cause. In a trade with the Colorado Rockies, the Marlins reacquired super utility infielder Alfredo Amezaga to start in second base and take infielder Omar Infante's place in the lineup.