Faulk was the NFL MVP in 2000 and offensive player of the year three years running from 1999-2001. The 34-year-old helped the Rams win their only Super Bowl after the '99 season. He is ninth on the career rushing list with 12,279 yards and tied for sixth with 100 rushing touchdowns.
"He was great for St. Louis, he was great for the Rams and he made the dome an exciting place to be on Sunday," team spokesman Rick Smith said. "But it was just a matter of when he would retire."
Faulk was a seven-time Pro Bowl selection with seven 1,000-yard rushing seasons and 38 100-yard games, and was the first player in league history to gain 2,000 yards rushing and receiving combined in four consecutive seasons from 1998-2001.
"It has been an honor and pleasure to play in the National Football League," Faulk said in a statement. "I'd like to thank all my teammates and coaches with whom I've been associated over the past 13 seasons as well as the fans who supported me throughout the years."
Dolphins sign Hakim
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MIAMI - The Miami Dolphins signed wide receiver Az-Zahir Hakim and guard Chris Liwienski on Thursday as unrestricted free agents, and re-signed long snapper John Denny to a one-year contract.
The 29-year-old Hakim has 316 career receptions for 4,191 yards and 28 touchdowns.
The 31-year-old Liwienski has appeared in 110 regular-season games.
Redskins release Patten
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ASHBURN, Va. - David Patten was cut by the Washington Redskins on Thursday after catching just 23 passes over two seasons.
The Redskins released Patten with three years remaining on the five-year, $13 million contract he signed as a free agent from New England in 2005.