Yankees star Alex Rodriguez and wife Cynthia have settled their multimillion-dollar divorce case, the New York Daily News reported Thursday.

"Cynthia and Alex Rodriguez have amicably resolved their dissolution of marriage proceedings," the player's lawyer, Alan Kluger, said on the newspaper's Web site.

"They deliberately engaged in a private negotiation. This was and remains a personal family matter for both of them."

Cynthia Rodriguez filed for divorce in July after more than five years of marriage, citing her husband's alleged infidelity.

Click here for the New York Daily News report