Bronx, NY (SportsNetwork.com) - Former Yankees outfielder Bernie Williams will formally sign his retirement papers at a press conference Friday at Yankee Stadium, the team announced Wednesday.

The 46-year-old Williams has not played in the majors since 2006.

During Friday's press conference, the Yankees will unveil a logo related to the retirement of Williams' No. 51 and his Monument Park plaque dedication, which will take place on May 24 prior to the Yankees' game against the Rangers.

Williams will also throw out the ceremonial first pitch prior to Friday's game against the Mets.

Williams spent his entire 16-year career (1991-2006) with the Yankees, hitting .297 with 287 homers and 1,257 RBI in 2,076 games. In franchise history, the former center fielder ranks third in doubles (449), fifth in hits (2,336), sixth in games played and runs scored (1,366) and seventh in home runs and RBI.

He was a five-time All-Star and helped the Yankees to four World Series titles. He also won the AL batting title in 1998, was named the AL ALCS MVP in 1996, won four Gold Gloves and took home a Sliver Slugger title in 2002.