Updated at 1:15
Reports have been confirmed, and many major sports media outlets are now reporting that Steve McNair is, indeed, announcing his retirement today from the NFL after 13 seasons. His retirement saves the Ravens ~$7 million in cap space in 2008, and ~$9 million in 2009. According to his agent, Steve had just over the past several days started talking about retirement. It comes as a bit of a surprise, given that John Harbaugh had recently been talking up McNair, saying he was impressed with Steve’s work this offseason in dropping about 10 lbs and recommitting himself to strength and conditioning.
In the end, the commitment it would take on his part to remain competitive probably just seemed too much for Steve.