Telles joined United from Porto in a deal worth up to £15.3m ($19.9m) in October 2020.
The full-back, who has 12 caps for Brazil, made 50 appearances for United, scoring his only goal for the club in a 2-1 Champions League victory over Villarreal in the 2021-22 season.
United thanked Telles for his “contributions to the club over the last three years”.
Enjoyed watching him, sadly didn’t play as much as I would have hoped, can’t argue with taking this payday as it secures a last big one before he’ll retire.