Parramatta Eels Stun NRL by Signing Panthers Star Dylan Edwards on $10 Million Deal
In one of the most seismic moves in recent NRL memory, the Parramatta Eels have officially secured the signature of Penrith Panthers fullback Dylan Edwards on a $10 million long-term deal, sending shockwaves across the rugby league world. The stunning acquisition is set to reshape the Eels’ roster and adds an elite, premiership-winning talent to their backline.
The deal is believed to be a five-year contract, worth approximately $2 million per season, making Edwards one of the highest-paid players in NRL history. The signing also signals the Eels’ intent to return to premiership contention and rebuild with a marquee player at the heart of their campaign.
“We’re thrilled to welcome Dylan to the blue and gold,” said Eels coach Brad Arthur in a club statement. “His leadership, professionalism, and championship pedigree make him an ideal fit for where we’re heading as a club.”
Edwards’ move comes amid speculation around the Eels’ plans to refresh their roster following the departure of Ryan Matterson, who recently confirmed his exit due to ongoing injuries and contract complications. While Matterson played as a forward, the Eels clearly saw an opportunity to reinvest his salary cap space into a game-breaking fullback.
The 28-year-old Edwards has been a critical piece of the Panthers’ recent dominance, playing a pivotal role in their back-to-back premierships. Known for his elite fitness, safe hands under pressure, and relentless work rate, Edwards was often seen as the “unsung hero” in a star-studded Penrith squad.
“Leaving Penrith wasn’t easy,” Edwards said in an emotional video message. “It’s been my home for so long. But I’m excited for a new challenge and to help bring something special to the Eels.”
Panthers officials reportedly made a competitive offer to retain Edwards but were ultimately outbid by Parramatta, who were desperate to land a marquee name after missing out on other high-profile targets in recent seasons.
Fan reactions have been mixed. Eels supporters are ecstatic, with many calling it the club’s biggest signing since Jarryd Hayne’s peak years. Panthers fans, however, are heartbroken, with Edwards having been a cornerstone of their success and a fan favorite.
The move also reshapes the NRL’s power dynamics, with Parramatta now boasting a backline that includes Dylan Brown, Clint Gutherson, and now Dylan Edwards—potentially one of the most dynamic attacking units in the competition.
“This isn’t just about 2025,” said Eels CEO Jim Sarantinos. “This is about building a dynasty.”
The Eels are expected to officially unveil Edwards in a press conference next week, with jersey sales and fan engagement already spiking online.
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