Pierre-Marc Bouchard will take his chances on the open market.
Bouchard will not sign a new deal with the Minnesota Wild and will become an unrestricted free agent on July 5, according to a tweet from his agent, Allan Walsh.
In 43 games with the Wild in 2012-13, Bouchard scored eight goals and added 12 assists.
Originally drafted eighth overall by Minnesota at the 2002 NHL Entry Draft, the 29-year-old centre has spent his entire 10-year NHL career with the Wild, scoring 106 goals and 241 assists in 565 career games.
Last season marked the final year of a five-year, $20.4 million deal he signed with the Wild prior to the 2008-09 season.