DONE DEAL! Jahrome Hughes Joins Penrith Panthers on Blockbuster $169 Million Contract
In a stunning that has sent shockwaves through the NRL world, Melbourne Storm superstar Jahrome Hughes has officially signed a massive three-year contract
with the Penrith Panthers worth a reported $169 million. The deal, confirmed earlier today, instantly makes Hughes the new cornerstone of the Panthers’ franchise and arguably the highest-paid player in rugby league history. This monumental signing comes on the heels of Hughes’ incredible 2024 season, where he was crowned the Dally M Medal winner and widely regarded as the league’s top halfback. The 30-year-old playmaker has been instrumental in the Melbourne Storm’s continued dominance, guiding them to multiple finals appearances and maintaining his status as one of the NRL’s most composed and strategic players.
For Penrith, this is more than just a superstar acquisition — it’s a clear statement of intent. Coming off an era of dominance that saw them win three straight premierships from 2021 to 2023, the Panthers are reloading with elite talent to maintain their grip on the competition. With key players like Nathan Cleary and Dylan Edwards managing long-term injuries, the Panthers have identified Hughes as the ideal figure to lead a new chapter of success.
Hughes brings with him an elite skill set: vision, decision-making under pressure, kicking precision, and defensive reliability. His leadership qualities, both on and off the field, make him the perfect candidate to anchor a squad still filled with young talent and representative stars. Penrith’s General Manager of Football described the deal as “a transformational signing” and one that “solidifies our future at the top of the NRL.”
For the Storm, it’s a devastating blow. Hughes was not only their chief playmaker but also a respected leader and culture-setter within the club. The departure leaves a massive hole in Melbourne’s halves combination and raises questions about how Craig Bellamy’s squad will adapt moving forward.
Fans and pundits alike are buzzing with anticipation about how Hughes will fit into Penrith’s already formidable system. The move is expected to shift the balance of power once again in the NRL, and all eyes will be on Round 1 of the 2026 season when Hughes makes his Panthers debut.
This deal isn’t just big — it’s historic.