The Argentine has struggled to nail down a regular starting berth this season and he will be allowed to leave Estadio da Luz at the end of the current campaign.
With Miralem Sulejmani and Filip Djuricic agreeing to sign for Eagles in the summer transfer window, there is no need for additional replacements.
Despite losing his place in Jorge Jesus’ side, Nicolas Gaitan is still held in high regard by top European clubs, with Manchester United believed to be leading the race.
The 25-year-old still has his best years ahead of him and there should be no shortage of offers for his services come end of the season.
Nicolas Gaitan joined Benfica in an €8.4 million deal from Boca Juniors in the summer of 2010 and has since scored 13 goals in 68 Primeira Liga matches for Benfica.