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Stephen Crichton’s contract standoff costs Penrith a pretty penny
Many thought Stephen Crichton was crazy to walk away from a $500K handshake deal, but the move is about to pay off big time.
James Phelps
The NRL’s next millionaire could be made this week with the Penrith Panthers set to table a deal that will make Stephen Crichton rugby league’s richest centre.
Crichton will be offered a $10,000-a-game upgrade to his existing contract as part of a new deal that is expected to be worth $2.25 million over three years.
Hoping to end the contract saga that began with a revelation that “the next big thing” reneged on a $500,000 handshake deal, the Panthers confirmed that a revised contract had been finalised and would be put to Crichton as early as this week.
“It has been a bit of a process since the grand final but we are almost there,” Penrith coach Ivan Cleary (inset) said.
“It (managing the roster) has been a challenge for us after a successful year that came as a bit of a surprise, but we are confident that he won’t be going anywhere.”
It is understood the $2.25 million will include a $250,000 upgrade to his current contract which is set to expire at the end of this year.
The $750,000-a-year deal will leapfrog Crichton over Roosters powerhouse Joey Manu ($700,000) as the NRL’s highest-paid full-time centre in a stunning achievement for a 20-year-old who has played just 26 NRL games.
The Panthers are confident the new deal will be enough to fend off interest from a long line of rival clubs, led by the cashed-up Canterbury-Bankstown Bulldogs.
Many thought Stephen Crichton was crazy to walk away from a $500K handshake deal, but the move is about to pay off big time.
James Phelps
The NRL’s next millionaire could be made this week with the Penrith Panthers set to table a deal that will make Stephen Crichton rugby league’s richest centre.
Crichton will be offered a $10,000-a-game upgrade to his existing contract as part of a new deal that is expected to be worth $2.25 million over three years.
Hoping to end the contract saga that began with a revelation that “the next big thing” reneged on a $500,000 handshake deal, the Panthers confirmed that a revised contract had been finalised and would be put to Crichton as early as this week.
“It has been a bit of a process since the grand final but we are almost there,” Penrith coach Ivan Cleary (inset) said.
“It (managing the roster) has been a challenge for us after a successful year that came as a bit of a surprise, but we are confident that he won’t be going anywhere.”
It is understood the $2.25 million will include a $250,000 upgrade to his current contract which is set to expire at the end of this year.
The $750,000-a-year deal will leapfrog Crichton over Roosters powerhouse Joey Manu ($700,000) as the NRL’s highest-paid full-time centre in a stunning achievement for a 20-year-old who has played just 26 NRL games.
The Panthers are confident the new deal will be enough to fend off interest from a long line of rival clubs, led by the cashed-up Canterbury-Bankstown Bulldogs.