The 42-year-old Hanson announced his decision Thursday. He said he gave serious consideration to returning, but problems with his heel prompted him to call it a career.
Hanson, who was selected by the Lions in the second round of the 1992 NFL draft out of Washington State University, became the first player to play 300 games with one franchise, finishing with 327. He also set an NFL record last year when he played his 21st season with the same team.
Hanson made a record 52 field goals from at least 50 yards. He's third on the NFL's career scoring list at 2,150 points and third in field goals with 495.
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