CONFIRMED: Penrith Panthers Star Nathan Cleary Signs Handshake Contract Worth $110.5 Million After Panthers Released Longtime Veteran Players
In a seismic shift for the National Rugby League (NRL), Penrith Panthers star halfback Nathan Cleary has officially agreed to a handshake contract worth $110.5 million, securing his place as one of the highest-paid players in rugby league history. This agreement follows the Panthers’ decision to part ways with several veteran players in a bid to balance their salary cap and sustain their dominance in the competition.
This landmark deal not only solidifies Cleary’s role as the cornerstone of the Panthers’ dynasty but also underscores the challenges teams face in managing star talent while maintaining squad depth. Here’s an in-depth look at the implications of Cleary’s historic contract and what it means for the Panthers’ future.
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### **Details of the Handshake Contract**
The $110.5 million handshake agreement, while unconventional, highlights Cleary’s loyalty to the Panthers. While the specific terms remain confidential, sources close to the club suggest that the deal spans six years, making it one of the longest and most lucrative contracts in NRL history.
Cleary reportedly agreed to the handshake deal after extensive negotiations that revolved around ensuring both his financial security and the Panthers’ ability to remain competitive. The agreement includes performance incentives tied to finals appearances, leadership roles, and team success, reflecting Cleary’s commitment to the club’s long-term vision.
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### **The Context: A Salary Cap Dilemma**
Penrith Panthers, fresh off their historic third consecutive NRL Premiership, faced significant salary cap pressure entering the 2025 season. The club had to make tough decisions, releasing several veteran players, including long-serving prop James Fisher-Harris and dynamic winger Brian To’o.
These departures were a painful but necessary move to create cap space for Cleary’s mega-deal. Panthers coach Ivan Cleary, Nathan’s father, acknowledged the sacrifices made, stating, “This is the reality of success in a salary-cap league. We had to make some incredibly tough calls to secure the future of our team.”
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### **Nathan Cleary: The Panthers’ Heart and Soul**
Since making his debut in 2016, Nathan Cleary has established himself as one of the most dominant playmakers in NRL history. With an unparalleled rugby IQ, exceptional kicking game, and calm demeanor under pressure, Cleary has become synonymous with the Panthers’ recent success.
At just 26 years old, Cleary boasts a resume that includes:
– Four Premiership titles (2021, 2022, 2023, and 2024)
– Two Clive Churchill Medals (2021, 2024)
– State of Origin dominance for New South Wales
– Multiple Dally M Medal nominations
His leadership both on and off the field has made him not only the face of the Panthers but also one of the most marketable athletes in Australian sports.
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### **The Fallout from Veteran Player Releases**
While Cleary’s contract ensures the Panthers retain their marquee player, the departure of key veterans has left fans divided. Many believe that releasing players like James Fisher-Harris and Brian To’o could weaken the team’s depth and disrupt their premiership-winning formula.
#### **Fan Reaction**
Social media erupted with mixed emotions following the announcement. One fan tweeted, “I love Nathan Cleary, but letting go of legends like Fish and To’o feels like the end of an era.” Another commented, “If anyone’s worth $110.5 million, it’s Cleary. He’s the reason we’ve been so dominant.”
#### **Impact on the Team**
The loss of seasoned players raises questions about the Panthers’ ability to maintain their defensive grit and attacking flair. However, the club remains confident in its ability to develop young talent through its renowned junior pathways system, which has consistently produced future stars.
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### **What This Means for the NRL**
Cleary’s record-breaking contract sets a new benchmark for player salaries in the NRL, reflecting the league’s growing financial clout and global appeal.
#### **Player Empowerment**
Cleary’s deal highlights the increasing power of star players in negotiations. By leveraging his value as the league’s premier halfback, Cleary has redefined what top-tier talent can demand in a salary-cap system.
#### **Pressure on Rival Clubs**
Rival NRL clubs may now face pressure to offer similar deals to retain or attract marquee players. This could lead to a wider gap between the competition’s elite teams and those struggling to manage their salary caps.
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### **Cleary’s Perspective**
In a heartfelt statement, Nathan Cleary expressed his gratitude to the Panthers and their fans:
“This club has been my home since I was a kid. I’ve grown up here, and I’ve shared so many incredible moments with my teammates and our amazing supporters. Signing this deal is about more than just football—it’s about continuing to build something special with the Panthers.”
Cleary also acknowledged the sacrifices made by his former teammates:
“I want to thank the boys who’ve moved on for everything they’ve done for this club. Their contributions won’t be forgotten, and I’ll do everything I can to honor their legacy.”
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### **Looking Ahead: The Panthers’ Road to Sustained Success**
With Cleary locked in for the foreseeable future, the Panthers’ focus now shifts to rebuilding their roster and maintaining their dominance in the NRL.
#### **Opportunities for Emerging Talent**
The departure of veteran players opens the door for young prospects to step up. Players like Spencer Leniu and Sunia Turuva are expected to take on more prominent roles in the squad, while the club continues to invest in its junior development programs.
#### **Strategic Recruitment**
The Panthers will likely target undervalued players and bargain signings in the free-agent market to complement their core group. Finding the right balance between experience and youth will be critical to their success.
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### **Conclusion: A Bold Gamble with Huge Upside**
Nathan Cleary’s $110.5 million handshake contract marks a bold new chapter for the Penrith Panthers. While the loss of key veterans poses challenges, the club’s decision to prioritize Cleary’s long-term future reflects their commitment to building around one of the game’s all-time greats.
For Cleary, this deal cements his status as a generational talent and a leader both on and off the field. For the Panthers, it’s a high-stakes gamble that could either sustain their dynasty or expose the pitfalls of a salary-cap league.
As the 2025 season approaches, all eyes will be on Cleary and the Panthers to see if they can continue their reign atop the NRL. One thing is certain: with Nathan Cleary at the helm, the Panthers’ future remains as bright as ever.
