Waikato Bay of Plenty Magic have let Silver Fern Grace Rasmussen go, as they try and secure other key players for next year's national premiership.
Rasmussen, 29, has played 46 tests for New Zealand since her debut for the national side in 2010, but won't feature in coach Margaret Forsyth's team next year.
"It's one of those things in professional sport and it's a big loss for us," Forsyth said. "There are repercussions if you go outside the salary cap, like losing competition points, and that will be the challenge for every coach."
The Magic missed out on the play-offs for the first time in 15 years this season and will be desperate to retain other crucial talent, alongside captain Casey Kopua.
Silver Ferns midcourter Samantha Sinclair, young defender Kelly Jury and South African goal shoot Lenize Potgieter will be priority signings for the franchise.