According to a report at ESPN Deportes, Sebastian Rincon will not be re-signing with the Portland Timbers and will be joining Argentine side Club Atletico Tigre in Buenos Aires on Saturday. Rincon, who was described by a Timbers press release as being in contract negotiations with the club following the 2013 season, completed the terms of his two-year loan from Uruguayan club CA Atenas and was free to move on. The report indicates that Rincon is already in Argentina.
After training with Tigre late in the season, Rincon returned to Portland to see out his second year with the Timbers. Though he never left on loan like Bright Dike, Andrew Jean-Baptiste or Michael Nanchoff, Rincon also never earned any first team minutes in MLS matches with Portland. He played in several friendlies and a US Open Cup match, as well as the majority of the team's Reserve League matches.
It is unclear if the Timbers will send out a press release detailing Rincon's departure as he is no longer a part of the team. That said, the club will retain his MLS rights should he decide to return to the league at some point in the future.
UPDATE - Rincon has made his farewell public on Twitter...
RCTID thanks for everything Portland!!— SEBASTIAN RINCON (@SRincon14) January 2, 2014