Penrith Panthers head coach Ivan Cleary has reportedly agreed to a monumental $150 million deal to leave the club, ending his highly successful tenure with the reigning NRL champions. The deal, which marks one of the most lucrative contracts in rugby league history, will see Cleary depart the Panthers to take up a new challenge, possibly with an overseas team or another top-level club.
Cleary, who has been with the Panthers since 2019, is credited with building one of the most formidable dynasties in NRL history. Under his guidance, the team has won two premierships (2021 and 2022) and established a dynasty characterized by consistent excellence. Cleary’s tactical brilliance, ability to develop young talent, and leadership skills have transformed Penrith into a powerhouse. His departure will leave a significant void, with fans and club officials alike wondering who could possibly replace the man who has masterminded so much success.
While the details surrounding Cleary’s departure remain somewhat unclear, sources suggest that he was lured by an offer too good to refuse, with the $150 million contract coming from an international club or an NRL rival willing to invest heavily in his services. This deal is believed to be one of the highest offers ever made to a coach in the history of rugby league, signaling the immense value placed on his coaching abilities and experience.
Cleary’s departure is particularly surprising given the ongoing success of the Panthers, who continue to dominate the NRL under his leadership. Many speculated that Cleary would stay with Penrith for the long haul, especially given his close ties to the club and his family connections within the Penrith area. However, it appears that the allure of a record-breaking contract and a new adventure has ultimately swayed his decision.
Penrith officials have expressed regret over Cleary’s exit but have also expressed gratitude for everything he has done for the club. The Panthers will now face the challenge of finding a replacement who can continue the team’s legacy and maintain their status as one of the most successful franchises in modern NRL history.
As the NRL world grapples with this unexpected move, all eyes will be on Cleary’s next steps. Whether he takes up the challenge abroad or returns to Australia, his impact on the Panthers and the broader rugby league community will be remembered for years to come.
