Clearly, who has previously said he would wait until November 1 to engage in contract discussions, will pen a new deal with the club in next 48 hours, reported NRL.com.

The four-year extension will reportedly make him the Panthers' highest paid player, and bump up his salary for the final season of his existing contract.

Panthers supremo Phil Gould hinted on Monday night that the 20-year-old halfback intended to commit his long-term future to the club sooner rather than later.

"It'll get done shortly," he told Nine's 100% Footy.

Off contract at the end of next season, Cleary has seemingly turned his back on fielding offers from rival NRL clubs who were unable to come negotiating table before November.

The NSW State of Origin series winner has spoken openly about his career ambition to one day play under his father, Wests Tigers coach Ivan Cleary.

The Panthers' season, sidetracked by the sacking of coach Anthony Griffin just four weeks out from the finals, came to an end with a one-point loss to Cronulla on Friday.

Cleary could have levelled the semi-final with a late field goal but his attempt sailed wide.

Australian Associated Press