CINCINNATI — The Yankees have finally decided to eat the money and cut Aaron Hicks. 

The veteran outfielder was designated for assignment Saturday, he told The Post, as the Yankees opened a roster spot for Greg Allen. 

Hicks still had three years and nearly $30 million left on his contract. 

In 28 games this season, Hicks hit .188 with a .524 OPS.

The switch hitter had started to show signs of life over the past week and a half, batting .353 (6-for-17) with a 1.097 OPS. 

When the Yankees clubhouse opened on Saturday at Great American Ball Park, Hicks had his bags packed at his locker and was receiving hugs from his teammates. 

“It is what it is,” Hicks told The Post. “It’s part of the business side of it. Just got to move on to the next chapter. 

“This is a very good baseball team,” he added. “It kind of seemed like it wasn’t working out for me. Obviously with the decision they decided to make, maybe somewhere else might be a little bit better.”