Jason Bay and the New York Mets are splitting up.
The 34-year-old outfielder will leave the team with one year left on his $66 million contract, the Mets said Wednesday.
Terms of the separation agreement were not announced, but CBSSports.com reported that Bay would receive his full salary.
The Mets said Bay becomes an unconditional free agent, meaning he can sign with any team.
Bay never lived up to expectations with the Mets. After signing with the team in 2009 on the heels of All-Star seasons with Pittsburgh and Boston, he hit .234 with 26 homers and 124 RB in three years in New York and .165 this past season.
Bay doesn't plan to retire.
"I still feel I have plenty to give to this game and that I can play baseball at a high level," he said. "But after serious consideration, both sides agree that we would benefit from a fresh start. I'm excited to keep playing and have no intention of just walking away."