The 36-year-old defender is out of contract on June 30 and will not be renewing his deal with the Rossoneri.
“For now I am focused on preparing well for a good season. This is why we decided by mutual consent to leave Milan,” he explained.
“I had the opportunity to continue at Milan, but I want to play more consistently so that I can be in the best form for the World Cup next year, assuming we qualify.”
Yepes has been heavily linked with a return to Colombia at club Millionarios.
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