The Reds declined Votto's $20 million club option for 2024 on Saturday.
Votto will enter the free agent market for the first time after 17 seasons with the Reds. The 40-year-old veteran previously said he plans to continue playing for "at least one more year," and he should be able to secure a one-year deal elsewhere after slashing .202/.314/.433 in 2023.