Massimiliano Allegri applauded Claudio Marchisio as an outstanding servant to Juventus following the mutual termination of his contract.
The Turin-born 32-year-old became a free agent on Friday after 389 appearances for his hometown club.
His influence has been curbed in recent seasons by a succession of injuries, including a ruptured cruciate ligament in April 2016.
MLS has been mooted as a possible destination for the former Italy midfielder, who represented his country at the World Cup in 2010 and 2014.
He leaves Juve as seven-time Scudetto winner, the last four of which have come under Allegri.
269 - Claudio #Marchisio played 269 games in Serie A for Juventus, more than any other midfielder for the Bianconeri in the last 20 top italian leagues campaigns. Icon.— OptaPaolo (@OptaPaolo) August 17, 2018
In praising Marchisio, the Bianconeri boss said: "I personally have to thank Claudio because in four years with me he proved to be a great player, a great man, a great professional and an example for all the players who arrived at Juventus.
"Claudio has been at Juve for 25 years and we took this decision together with him to resolve his contract, and he will go on to have an experience elsewhere."
Marchisio appeared in 11 Serie A seasons in total, having broken into the first team during Juve's brief spell in the second tier in 2006-07.
The Italian champions, meanwhile, have recruited 20-year-old Stephy Mavididi from Arsenal.
The Gunners confirmed the English forward was leaving to link up with Juve's youth side after loan spells with Charlton Athletic and Preston North End.
|Love says Cavs ´will surprise a lot of people´|
|George believes Thunder can compete for championship this season|
|Messi is the greatest ever – Eto´o|
|Messi to miss Argentina´s upcoming friendlies|
|Dolphins say Hayes tore ACL attempting to avoid roughing-the-passer penalty|
|Modric deserved FIFA Best award – Ramos|
|Thibodeau open to potential Butler trade|
|Modric wanted Ronaldo, Messi at awards ceremony|
|Brewers´ Yelich active after elbow hit|
|Anthony on coming off Rockets´ bench: Whatever I have to do to help this team win|
|Raiders coach Gruden says Mack trade was hard on players|
|Bale lauds ´unbelievable´ Modric after FIFA Best triumph|
|Ronaldo, Messi lacked respect with FIFA Best awards snub - Capello|
|New Zealand the benchmark but England can win World Cup - Mitchell|
|FIFA Best Award a dream come true for Modric|
|Lakers a long way from Warriors, warns LeBron|
|Milner pokes fun at Salah´s Puskas Award win|
|Josh Rosen to replace Sam Bradford as Cardinals starting quarterback|
|Kaymer: Home-course advantage crucial to Europe hopes|
|Marta and Pedros win FIFA Best awards|
|I want to be in Toronto - Kawhi Leonard focused on Raptors, not future|
|Messi and Ronaldo lead FIFPro World XI as Salah and Neymar miss out|
|Knicks´ Kristaps Porzingis ´itchy´ to return but won´t commit to 2018-19 season|
|Modric beats Ronaldo and Salah to FIFA Best prize|
|49ers confirm ACL tear for QB Garoppolo|
|Salah beats Bale and Ronaldo to Puskas Award|
|Deschamps wins FIFA Best Men´s Coach award|
|Law to leave Windies for Middlesex role|
|Sunderland terminate Ndong´s contract|
|Spalletti warns rejuvenated Inter against complacency|
|Ryder Cup 2018: Figo in town as USA arrive in style|
|Browns name Baker Mayfield starting QB|
|Chelsea need to be more versatile, warns Giroud|
|Paris Saint-Germain FFP case referred by UEFA back to CFCB Investigatory Chamber|
|Busy Bertens ready for bed, Muguruza gains Wimbledon revenge|
|Hart ready if England come calling - Dyche|
|Ryder Cup 2018: An honour and a burden - the unique challenge of captaincy|
|Hibino beats Bouchard again at the Tashkent Open|
|Falcons lose Ricardo Allen for season|
|Mbappe three-match ban stands following appeal|
|Tomic wins first Tour-level match since Wimbledon in Chengdu|
|Ryder Cup diary: Scoreboard shocker, captains tight-lipped|
|Mourinho will spawn lots of managers - Lampard|
|Furyk outlines Woods´ Ryder Cup motivation|
|Tiger doesn´t scare Team Europe - Bjorn|
|Ryder Cup 2018: Team USA profile|
|Woods winning ´incredibly special for golf´, says Poulter|
|Grealish commits to Aston Villa with five-year deal|
|Ryder Cup 2018: Four reasons why Team USA will win|
|Herrera ready for return - Mourinho|
|Bellew determined to prove doubters wrong against Usyk|
|Lewandowski and Boateng´s professionalism impresses Kovac|
|WATCH: Sheepish Murray comically drops commemorative plate in China|
|Cech: Arsenal have forgotten how to win Premier League titles|
|Lemar must adapt to Atleti style, says Simeone|
|Toulon to appeal suspended points penalty|
|AFE rejects Miami plan for Girona-Barca|
|Messi and Ronaldo to decide world´s best young player|
|Ryder Cup 2018: Talisman Poulter key to European hopes|
|Pogba hits out at critics who ´create drama´|
|Barcelona to appeal Lenglet red card|
|Ryder Cup 2018: Team Europe profile|
|Patriots´ Gronkowski threatened to retire if traded to Lions|
|Ryder Cup 2018: Four reasons why Europe will win|
|Tigres and Monterrey condemn violence that leaves fan in intensive care|
|Williams baffled by coach´s claim he sent her US Open final signals|
|Ryder Cup 2018: A sporting spectacular you cannot afford to miss|
|Cricket Australia closes investigation into Moeen claim|
|Zlatan impressed by ´MVP´ singer|
|Modric hoping to complete FIFA and UEFA double at Best Awards|