ESPN REPORT: HERE WE GO: Eels CEO Jim Sarantinos review that Penrith Panthers Superstar Nathan Cleary Agrees to Join Parramatta Eels on a contract that make him the highest paid player in NRL History

HERE WE GO: Penrith Panthers Superstar Nathan Cleary Agrees to Join Parramatta Eels on Record Contract in NRL History

In a stunning development that has sent shockwaves through the NRL world, Penrith Panthers halfback and State of Origin hero Nathan Cleary has reportedly agreed to join the Parramatta Eels on what is being described as the richest contract in NRL history.

Sources close to the negotiations confirm that Cleary, widely regarded as one of the greatest playmakers of his generation, has agreed to a multi-year deal with the Eels worth upwards of $12 million over six years — a figure that eclipses all previous NRL contracts.

The move comes as a massive blow to the Penrith Panthers, with whom Cleary has won multiple premierships and established a modern-day dynasty alongside head coach — and father — Ivan Cleary. The 27-year-old’s departure marks the end of an era for Penrith and sets the stage for a new chapter in his storied career.

Nathan Cleary has been the heartbeat of the Panthers’ golden run, guiding them to three consecutive NRL premierships from 2021 to 2023 and carving out a reputation as one of the most clutch performers in big games. His combination of vision, kicking precision, and game management has made him a nightmare for opposing defences and a key asset for New South Wales in Origin campaigns.

For the Parramatta Eels, this signing represents a bold statement of intent. After years of near-misses and heartbreak, the Eels are clearly pushing all their chips into the middle in a bid to end their long-standing premiership drought, which stretches back to 1986. Adding Cleary to a squad that already boasts the likes of Clint Gutherson, Reagan Campbell-Gillard, and Junior Paulo could be the missing piece the club has desperately needed.

Eels CEO Jim Sarantinos hailed the signing as “a transformative moment for the club,” stating: “Nathan is a generational talent. His leadership, experience, and winning mentality are exactly what we’ve been building toward. We can’t wait to welcome him to Parramatta.”

As for the Panthers, questions now arise about how they will fill the massive void left by their departing superstar. Early speculation points to young gun Jack Cole or a potential playmaker recruitment drive, but replacing Cleary’s influence on and off the field will be no easy task.

The deal is expected to be officially announced by the Eels in the coming days, pending NRL approval and final contract lodgements.

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