Allegations of Francos inappropriate relationship with a minor surfaced last August.MLBplaced him on administrative leave with pay.
Franco was in the third year of an 11-year, $182 million contract.
Franco, age 23, was an All-Star in 2023.

Wander FrancoDouglas P. DeFelice/Getty Images
He hit .281 with 17 homers and 58 RBI prior to the accusations that ended his season.
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The indictment includes the girls mother.
Prosecutors said Franco paid her thousands of dollars to consent to the abuse, which reportedly lasted four months.

The girls mother remains under house arrest and faces a money laundering charge.
The AP is not identifying the woman to preserve her daughters privacy.
We are aware of the charges against Mr. Franco, MLB said in a statement Wednesday.
Our investigation remains open, and we will continue to closely monitor the case as it moves forward.