Saturday night’s away game against Gold Coast will be his final match in a Power jumper.

Schulz, 31, joined Port from Richmond for the 2010 season and has won the Power’s leading goal kicker award four times.

A back injury limited Schulz to six games in 2016. He says he’ll explore options to find a new home in 2017 and has will pursue a coaching career once his playing days are over.

“I’ve loved my time at Port Adelaide and will always be thankful to the club, in particular Chocco, for giving me a chance,” Schulz said.

“While I’m disappointed with the club’s decision to let me go I understand and respect the reasons behind it and wish them all the best with what I’m sure will be a bright future.

“I want to say a massive thanks to all the supporters who have accepted me and stood by me since I arrived at Alberton. They’ve always made me feel part of the club and I feel I’ll always be welcome back.

“My biggest thanks has to go to my wife, Amy, and our three kids, who have stood by me over a long period. Professional footballers make a lot of sacrifices but their families contribute just as much or more. I couldn’t have done anything without them.”

Port Adelaide senior coach Ken Hinkley said the decision not to renew Schulz’s contract was a difficult one but praised his service to the club.

“Jay’s value on the field has been clear for all to see ever since he walked into the Port Adelaide Football Club and just as valuable has been his strength and leadership off-field,” he said.

“Unfortunately the nature of football means we need to make hard decisions around this time of year, and we need to always have our eyes on what our list needs for the future.

“Jay understands that and he’s handled himself superbly throughout our discussions. He’ll always be welcome at Alberton and a part of this proud footy club.”