Larkin, expected to seek free agent status elsewhere, has been with the Reds all 19 years he has been in the majors.
He played in 111 games this past season and hit .289 with eight homers and 44 RBI.
Larkin, 40, was thinking about retiring at the close of this season but changed his mind.
Larkin batted .295 with 198 homers, 379 stolen bases and 960 RBI in 2,180 major league ball games.
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