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SportJames Maloney's potential departure opens up war-chest for Penrith Panthers

16:18  13 july  2019
16:18  13 july  2019 Source:   sportingnews.com

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James Maloney ' s departure could open up war - chest of million for Penrith to spend in 2020. He notes that the departure of international outside backs Dallin Watene-Zelezniak and Waqa Blake has relieved any potential salary cap dramas that the club had, with the exit of Maloney freeing up

Panthers lock in 18-year-old wrecking ball Spencer Leniu: James Maloney ' s potential departure opens up Panthers burn Dragons for seven in a row. Penrith have produced their biggest score of the NRL season with a comprehensive 40-18 rout of St George Illawarra on Friday night.

James Maloney's potential departure opens up war-chest for Penrith Panthers© Getty Images

Penrith could have up to $1 million to spend if Origin five-eighth James Maloney decides to leave at the end of the year.

James Maloney's potential departure opens up war-chest for Penrith Panthers
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His departure from the league has been speculated throughout the year, with rumours circulating that he is set to ask for an early release from his contract to take up a lucrative deal in the English Super League.

However, reports from The Australian’s Brent Read suggests that the departure of Maloney would open up a war chest for the club to spend in 2020.

He notes that the departure of international outside backs Dallin Watene-Zelezniak and Waqa Blake has relieved any potential salary cap dramas that the club had, with the exit of Maloney freeing up $800,000-$900,000 to be spent in the off-season.

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James Maloney opens up on Super League ambitions. Penrith have produced their biggest score of the NRL season with a comprehensive 40-18 rout of St George Illawarra on Friday night. Penrith star James Maloney will leave the NRL at the end of this season to take up a rich deal in the UK

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“They're on pretty safe terms now… with those two blokes gone (Watene-Zelezniak and Blake), Penrith is putting only minimal money into their deals and they're $100,000 under the cap for now,” Read said on Triple M on Saturday.

“If Jimmy Maloney goes at the end of the year and Penrith will not stand in his way if he gets a good offer, they could have up to $800,000-900,000 to spend next year”

Read clarified that the club is happy to keep Maloney around if he wishes to stay in the NRL, however, he said that Maloney is likely to take the lucrative deal if it comes and the club will categorically let him go.

“I think that’s something that will be sorted soon, James wants to get a deal done in the next couple of weeks. If that offer comes from England, a two-three year deal, Jimmy is likely to take it and he will probably take it.”

“Otherwise Penrith is comfortable either way, they’re in a pretty good position.”

Maloney joined the Panthers in 2017 after leading the Roosters and Sharks to premierships in 2013 and 2016 respectively.

Since arriving, he has been an essential part of the NSW Origin side, helping lead the side to back-to-back series victories for the first time since 2005.

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Panthers lock in 18-year-old wrecking ball Spencer Leniu.
Penrith have secured the signature of one of their brightest prospects in 18-year-old wrecking ball Spencer Leniu. Credit Cards Are Now Offering 0% Interest Until 2020 Find out more on Finder Ad Finder.com.au The Minchinbury Jets junior, who is a product of the Panthers' successful development program, signed a deal that will see him remain with the club until at least the end of the 2021 season. Leniu was thrilled to announce he'd secured a new deal with the club that he has called home since his junior years.

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