The retirement was largely expected, as the 35-year-old last pitched July 2, 2017. Street finishes his career with 665 strikeouts, 324 saves and a 2.95 ERA in 668 appearances. The 35-year-old was one of the more dominant closers from 2009-15, racking up 221 saves en route to the 19th-highest save total in MLB history.

Street pitched only 4.0 innings in the majors last season, as he was sidelined for most of the year with groin and shoulder issues. He is currently not in shape to join a team, but says that if a winning team wants him this summer, he could be ready to play. If this is indeed the end for Street, he'll retire after a 13-year major-league career in which he recorded 324 saves, the 17th-highest total in major-league history.

As expected, the Angels will let Street hit the open market as opposed to picking up his $10 million option for the 2018 season. The veteran reliever tossed just four innings in 2017 as he battled a multitude of injuries. He'll look to link up with another club and put together a bounce-back performance in 2018.

This does not change Street's return timetable, as he is not eligible to return until Sept. 1 and is still working through a throwing program. Eric Young's contract was selected, so the Angels needed to clear a spot on the 40-man roster. Street is unlikely to provide much fantasy value down the stretch, even if he returns in early September. Cam Bedrosian and Blake Parker figure to handle the ninth-inning duties over the rest of the season.