"I don't think there's not even a percentage of chance that I can come back," the 40-year-old catcher said Wednesday night before his foundation's annual dinner,
Posada said his agents had heard from about a half-dozen teams who had expressed interest. He said he probably will wait until between the start of 2012 and the beginning of spring training in February to make a decision.
"I feel I'm undecided. I don't know if I want to play. I don't know if I want to stay home," he said, with his wife Laura at his side. "I'm having fun with the kids and with the family, but I don't know what I want to do. I don't want to make the mistake of telling you that I'm not going to play or telling you that I'm going to play when I don't know what I want to do."
Posada said after spending his entire big league career with the Yankees he wasn't sure whether he wanted to start again with a new organization and new teammates.
"I will always be a Yankee," he said. "The New York Yankees for me is my second family. It will be tough to put on another uniform for real and learn another set of rules and all that stuff."