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11/05/09 10:00 AM EST

Watch live victory parade coverage

World Series champs to trek Big Apple's Canyon of Heroes

NEW YORK -- Who loves a parade? The Yankees certainly will.

New York City Mayor Michael R. Bloomberg has announced that the Yankees will be honored for their World Series victory with a ticker-tape parade down the Canyon of Heroes on Friday, beginning at 11 a.m. ET. Live coverage began at 10 ET on MLB.com and will continue through the ceremony at City Hall Plaza.

The parade route will start on Broadway at Battery Place and continue northbound to Chambers Street, with showers of confetti bathing Derek Jeter, Alex Rodriguez and the rest of the World Series champions along the way.

The victory march will be followed by a ceremony at City Hall Plaza, where the Mayor plans to present Joe Girardi's Yankees with keys to the city for their defeat of the Phillies in the six-game Fall Classic.

"Congratulations to the Yankees for bringing the world championship back home to New York City, where it belongs," Bloomberg said. "The Yankees have thrilled the city all year long with their come-from-behind victories and never-say-die attitude, and they did it again in the World Series.

"What's sweeter than a World Series won at home? The only thing that comes close is a ticker-tape parade up the Canyon of Heroes, and that's exactly what New Yorkers will get on Friday."

The Yankees will ride parade floats and wave to what is expected to be a crowd in the multiple millions, celebrating the Bombers' first title since 2000, which was secured with New York's 7-3 victory over Philadelphia on Wednesday at Yankee Stadium.

"I can't wait," closer Mariano Rivera said. "It's satisfaction. The city of New York deserves it."

"We're going to enjoy it and we're going to party," Alex Rodriguez said.

"I'm super excited for that parade coming up, so y'all get ready!" Nick Swisher said.

2009 World Series
Gm. 1 PHI 6, NYY 1 Wrap Video
Gm. 2 NYY 3, PHI 1 Wrap Video
Gm. 3 NYY 8, PHI 5 Wrap Video
Gm. 4 NYY 7, PHI 4 Wrap Video
Gm. 5 PHI 8, NYY 6 Wrap Video
Gm. 6 NYY 7, PHI 3 Wrap Video

The sidewalks lining Friday's ticker-tape parade up the Canyon of Heroes along Broadway from the Battery to City Hall are open to all members of the public, and the city will set up a large screen near City Hall Park for members of the public to watch the subsequent ceremony.

The City will make a limited number of tickets available to the public. Information about how tickets will be distributed will be released on Thursday.

It is the 178th ticker-tape parade on Broadway and the first since February 2008, when the New York Giants won the Super Bowl.

In the midst of the wild champagne celebration on Wednesday in the Bronx, a few players who have been there before were telling the newbies just what to expect.

"Derek told me to be ready for the most incredible parade you've ever seen in your life," Mark Teixeira said. "To celebrate with the fans of New York, this is unbelievable. What a great city."

Bryan Hoch is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.