Mutch has made 40 appearances for Palace since a move from Queens Park Rangers in 2014.
The player only appeared in four Premier League games for the Eagles last term, however, and has not played a single minute of first-team football for the London club during the 2017-18 campaign.
According to ESPN, Mutch is in 'advanced talks' with Vancouver Whitecaps, who are confident of striking a deal.
Mutch had been linked with a move to Bolton Wanderers on transfer deadline day, but the deal fell through.
The 26-year-old is a former England Under-21 international, and has also represented the likes of Birmingham City and Cardiff City during a well-travelled career in the English game. body check tags ::