The Serie A giants confirmed this in a statement on Friday.
Pogba is preparing to make a return to football after he saw a four-year ban for failing a drug test cut to 18 months.
The Frenchman will be able to play again in March 2025.
However, Juventus consider Pogba surplus to requirements in Thiago Motta’s squad.
A statement read: “Juventus Football Club and Paul Pogba announce that they have mutually agreed to the termination of the sports performance contract, effective from 30 November 2024.
“The company wishes Paul all the best for his professional future.”
Written By Ifreke Inyang