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Parramatta have mutually agreed with former centre Michael Jennings to terminate his contract as they look to free up NRL salary cap space.
Parramatta have terminated the contract of Michael Jennings as they look to free up salary cap space for the remainder of this NRL season and next.
The termination of his deal comes as the Eels edge closer to clocking in their roster for 2022, with only half of their squad signed beyond this year.
Big name players Mitch Moses, Nathan Brown, Blake Ferguson and Ryan Matterson are all either off-contract or have player options yet to be enacted for next season.
Jennings’ contract with the Eels is set to expire at the end of the season, though he has an option in his favour for 2022.
Money freed up from Jennings’ deal, which is believed to be worth around $400,000 a season, will go towards boosting the squad.
The 33-year-old ex-Test and Origin centre is provisionally suspended for allegedly testing positive to banned substances Ligandrol and Ibutamoren last year.
“The Parramatta Eels and Michael Jennings have today agreed to bring to an end the terms of Mr Jennings’ playing contract,” a club statement read.
“Mr Jennings is the subject of an ongoing process with Sports Integrity Australia (SIA).
“Mr Jennings has been with the Eels since 2016 and based on its experience with Mr Jennings over the last five years, Parramatta does not consider that Mr Jennings would intentionally take performance enhancing substances.
“However, in recognition that the SIA process will take some time to play out, Parramatta and Mr Jennings have agreed to part ways, because Mr Jennings wishes to allow the team to fill his position and have the best 2021 and 2022 seasons possible.”
© AAP
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