diff --git a/Gems/Blast/Code/Source/Components/BlastSystemComponent.cpp b/Gems/Blast/Code/Source/Components/BlastSystemComponent.cpp
index 4c0f15463a..945d4eafb0 100644
--- a/Gems/Blast/Code/Source/Components/BlastSystemComponent.cpp
+++ b/Gems/Blast/Code/Source/Components/BlastSystemComponent.cpp
@@ -151,6 +151,8 @@ namespace Blast
         SaveConfiguration();
         DeactivatePhysics();
 
+        m_configuration.m_materialLibrary.Release();
+
         m_assetHandlers.clear();
     };