Alex Rodriguez Drops Lawsuits

Mike Stobe/Getty Images(NEW YORK) -- New York Yankees third baseman Alex Rodriguez decided to drop his lawsuits on Friday against the MLB, MLBPA and Commissioner Selig.

Rodriguez will miss the entire 2014 season for violating the league's substance abuse program.  

"We have been informed that Alex Rodriguez has reached the prudent decision to end all of the litigation related to the Biogenesis matter," the MLB said in a statement on Friday.  "We believe that Mr. Rodriguez’s actions show his desire to return the focus to the play of our great game on the field and to all of the positive attributes and actions of his fellow Major League Players.  We share that desire."

Rodriguez was suspended for 211 games last Aug. 5 for violations of baseball's drug agreement and labor contract, and arbitrator Fredric Horowitz cut the penalty on Jan. 11 to 162 games plus the 2014 postseason.

"Alex Rodriguez has done the right thing by withdrawing his lawsuit. His decision to move forward is in everyone's best interest," the MLBPA said in a statement.

Rodriguez will not be paid during his suspension, and will lose about $24 million in salary as a result. The Yankees will still owe him $61 million through the 2017 season.

Copyright 2014 ABC News Radio

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