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03/31/11 7:32 PM ET

Former World Series MVP Dye retires

Jermaine Dye, the former All-Star outfielder who remained on the sidelines last season when he did not receive any contract offers to his liking, has formally decided to call it quits, according to a published report.

"It's time to start my second life," Dye said in the report by FOXSports.com.

Dye's last active season was 2009, when he batted .250 in 141 games with the Chicago White Sox, with 27 homers and 81 RBIs. But those overall respectable numbers were diluted in the eyes of possible suitors by a second-half swoon in which he hit only .179.

"It's unfortunate the way it ended," Dye said. "But I went out on my terms. I guess I could have signed a Minor League deal. But I didn't get any offers this year. With the last year I had, I'm happy. I'm at peace with it."

The Dodgers were known to have interest in Dye in the most recent offseason, but wouldn't offer him more than the split contract, for a $1 million Major League salary, they eventually gave to another outfielder, Marcus Thames.

Dye, who turned 37 in January, closes the book on a 14-season career that produced 325 home runs and 1,072 RBIs along with a lifetime average of .274. He also won a World Series Most Valuable Player Award with the White Sox in 2005.

Tom Singer is a national reporter for MLB.com. Follow @Tom_Singer on Twitter. This story was not subject to the approval of Major League Baseball or its clubs.