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The 32-year-old footballer joined the 'Red Devils' in 2009, but during this time he played only 52 matches.
"The coach informed me on Tuesday that there will be no offer to extend the contract," Owen wrote on one of the social networks. "I enjoyed every moment I spent in this fantastic club."
The former player of "Liverpool", Madrid "Real" and "Newcastle" added: "I would like to thank the players, staff, and fans for their support and wish them success in the future. Now I plan to rest, and then I will consider what to do in the future."
The injury-prone striker played only one game in the Premier League last season.
