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Reports: Yankees' A-Rod Not Planning To Retire

NEW YORK (CBSNewYork) -- The Yankees and their fans may want Alex Rodriguez to just go away. But if you think A-Rod will just up and retire, think again.

There's no quit in the embattled third baseman, according to multiple reports, despite the latest performance-enhancing drug allegations and A-Rod's history of hip woes.

"Alex is working diligently on his rehabilitation and looks forward to getting back on the field as soon as possible," a source told the New York Post.

A report in Thursday's New York Daily News said A-Rod was "unlikely to ever wear the pinstripes again" following hip surgery on Jan. 16 and the Miami New Times' recent PED report. Citing sources, the Daily News said Rodriguez's hip situation "will likely derail his playing career, leaving him in such a diminished role that he may consider a settlement or an outright retirement."

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A-Rod, who admitted in 2009 to steroid use from 2001-03 with the Texas Rangers, has denied the latest PED allegations. And those in the 37-year-old's circle say there's no talk of hanging up the cleats.

"Alex has no plans at all to retire," a source with "close personal ties" to A-Rod told ESPN.

The Yankees said in a statement after A-Rod's surgery that a full recovery was expected to take six months. There's a chance he could miss the entire 2013 season, general manager Brian Cashman told WFAN radio last week.

On Tuesday, the New Times blew the doors open on alleged PED peddler Anthony Bosch and his Miami anti-aging clinic, Biogenesis of America. There was A-Rod's name, among several other professional athletes, reportedly listed in "an extraordinary batch of records" given to the publication by a former Biogenesis employee before the clinic closed its doors.

ESPN later reported the Yankees were looking to void the remainder of A-Rod's $275 million, 10-year contract -- a highly unlikely outcome. He's owed $114 million over the next five years.

Rodriguez is expected to meet with MLB's Department of Investigation to discuss the latest PED allegations, according to the Post.

Insurance would reportedly cover about 85 percent of the $114 million if A-Rod never plays again due to a career-ending injury.

Do you think the Yankees will eventually get out from under A-Rod's contract? Sound off in the comments...

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