Betances announced his retirement from professional baseball Wednesday, Jon Heyman of the New York Post reports.

The Dodgers released Betances from his minor-league contract Wednesday.

Betances (shoulder) has struck out one and allowed an unearned run on one hit and no walks over two innings in his first two appearances for Triple-A Oklahoma City since being activated Tuesday.

Betances (shoulder) started a rehab assignment with the Dodgers' rookie-level Arizona Complex League affiliate June 7 and has given up three earned runs on six hits and zero walks while striking out seven across 3.2 innings spanning four appearances.

Betances signed a minor-league contract with the Dodgers on Tuesday, Joel Sherman of the New York Post reports.

Manager Luis Rojas said Wednesday that Betances will undergo surgery on his right shoulder and miss the rest of the 2021 season, Tim Britton of The Athletic reports.

The Mets transferred Betances' (shoulder) rehab assignment from Low-A St. Lucie to Triple-A Syracuse on Tuesday, Anthony DiComo of MLB.com reports.

Betances (shoulder) began a rehab assignment at Low-A St. Lucie on Sunday, tossing a scoreless inning in a 21-pitch appearance. He gave up no hits and one walk and struck out two.

Betances (shoulder) threw a side session Sunday, Justin Toscano of The Bergen Record reports.

Betances (shoulder) was transferred to the 60-day injured list Saturday, Anthony DiComo of MLB.com reports.