Loup (shoulder) had his $7.5 million team option declined by the Angels on Friday.
Loup will officially enter free agency after logging the worst statistical season of his 12-year career with a 6.10 ERA and 1.75 WHIP through 48.2 innings. Despite his poor performance in 2023, the 35-year-old southpaw may still draw interest in the offseason from teams in search of bullpen depth.