The 17-year pro has been on the disabled list since June 8. He got 81 plate appearances in 44 games this season with the Arizona Diamondbacks.
Chavez won his six consecutive Gold Gloves with the Oakland Athletics, beginning in 2001. The only other third basemen in MLB history to win at least six Gold Gloves are Brooks Robinson (16), Mike Schmidt (10), Scott Rolen (8), Buddy Bell (6) and Robin Ventura (6).
Chavez won a Silver Slugger award after the 2002 season, in which he hit .275 with 34 home runs and 31 doubles. He hit 26 or more home runs in a season six times and finished his career with 260 homers, which ranks 25th among third basemen all-time.
The third baseman retires with a .268 lifetime average.
Chavez played for the Athletics from 1998 to 2010. He finished his career with the Yankees and Diamondbacks. -- Alex Hampl
GALLERY: BIGGEST RETIREMENTS OF 2014