South Sydney will have to contend with rebel rugby comp to keep Gray

South Sydney is eager to keep Jye Gray beyond the end of his contract expiry in 2026, with the club now preparing a re-signing package that would keep the pocket rocket fullback in Redfern for a further two years.

It’s not quite as simple as yes or no, though, The Sporting Base understands, with rebel rugby competition R360 throwing a spanner in the works with a $920,000 offer for the 28-game player.

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R360 organisers are desperately trying to sign enough players to trigger the next equity round for the rebel concept, and that’s materialised into some truly mind-boggling offers, including this $920K approach. While this Base writer thinks that’s silly cash – and Gray should take it and run – the Souths star is (understandably) hesitant.

The biggest problem is that it makes the Rabbitohs’ much lighter extension offer look cheap.

Word around Redfern, though, is that Grey should knock back the deal and take up the Bunnies package.

Considering there’s no guarantee the oil-back league goes ahead (or draws fans if it does), it makes little sense for anyone with time left to play at the highest level to take up the deals – though, again, it is really silly money.

All that said, Souths coach Wayne Bennett recently suggested R360 was a “huge threat” to footy.

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Several NRL stars like Ryan Papenhuyzen, Roger Tuivasa-Sheck, Nelson Asofa-Solomona, Zac Lomax, and Herbie Farnworth have all been approached by R360 and have been mulling over moving to the rebel league. Papenhuyzen and “RTS” are the most likely among that pack, as is Asofa-Solomona, as the deals would spruice up their retirements.

R360 would be based in Dubai, meaning players wouldn’t have to pay any taxes on wages either.