
In a move that has sent shockwaves across the rugby league world, Nathan Cleary is reportedly set to leave the Penrith Panthers after agreeing to a stunning three-year contract with the Canberra Raiders, believed to be worth a staggering $208.6 million.
If confirmed, the deal would instantly become the most lucrative contract in rugby league history and one of the biggest in global sport, signalling Canberraโs intent to build a new premiership-contending era around the elite halfback.
Cleary, widely regarded as the premier playmaker in the National Rugby League, has been the heartbeat of Penrithโs dominance over recent seasons, guiding the club through a golden era of finals appearances and premiership success. His potential departure would mark the end of one of the most successful player-club partnerships of the modern NRL era.
Sources close to the negotiations suggest Canberraโs long-term vision, leadership role promises, and record-breaking financial package were key factors in convincing Cleary to consider the dramatic switch. The Raiders are believed to be positioning him not just as their chief playmaker, but as the face of the clubโs future on and off the field.
Penrith officials have yet to release a formal statement, but insiders admit the club faces a massive challenge in replacing the tactical control, composure, and kicking dominance Cleary provides weekly.
For Raiders fans, however, the mood is one of excitement and disbelief. Should the deal be finalized, Clearyโs arrival could transform Canberra into an immediate title threat and reshape the balance of power in the NRL.

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