Michael Hibberd has informed the Club that he wishes to seek a fresh start elsewhere next season.
The 26 year-old has thanked the Club for its ongoing support during what was a difficult decision making process.
"I really appreciate the Club giving me the time and space I needed to reach this decision about my playing future," Hibberd said.
"I had a process to work through, and after having time to reflect I felt like I need a fresh start at another Club to reinvigorate my career.
"I have, and will always have, great mates at the Club and I wish them and the Club all the best for next season and beyond. I have no ill feeling toward Essendon, and would like to thank them for giving me the opportunity to play senior football".
Essendon Chief Executive Officer, Xavier Campbell, said the Club would respect Michael’s wishes.
“Obviously we are disappointed Michael won’t be continuing his career at Essendon, but we understand and respect the reason behind his decision and will not stand in his way,” Campbell said.
“We will now work to find a fair and reasonable outcome for both Michael and the Essendon Football Club.
“Finally, on behalf of the Club I’d like to thank Michael for his professionalism and contribution, he will always be welcome at the Essendon Football Club and we wish him all the best for the future.”