Encarnacion will now be a free agent entering this offseason, and Hicks' procedure was performed Dr. Neal ElAttrache in Los Angeles.
Encarnacion landed in the Bronx via trade with the Mariners in mid-June, and slashed .249/.325/.531 with 13 home runs and 37 RBI over his last 44 games of the regular season.
The 36-year-old veteran has spent parts of 15 seasons in the Majors, and became just the fifth American League player ever to amass eight straight 30+ homer seasons (2012-2019).
Hicks, 30, returned to the Yankees for the ALCS and underwent successful Tommy John surgery on his right elbow. Brian Cashman said his expected return timetable is between eight to 10 months.
The versatile switch-hitting outfielder inked a new contract extension this past spring to remain with the Yankees through 2025 (with a club option for 2026) and will look to return to form when his arm returns to full health.
Stay tuned to YES Network for the latest news and developments on the Yankees roster as they gear up for the upcoming offseason.