The NRL season has been suspended effective immediately.
It comes after Queensland shut their borders due to the COVID-19 crisis, with the new restrictions making it nearly impossible for the league to continue.
Rugby league powerbrokers were reportedly determined to keep the competition running but now have been left with no choice.
Club chief executives were informed of the decision in a phone-hook up on Monday.
CEO Todd Greenberg and ARLC chairman Peter V'landys announced the league's suspension on Monday night.
"Our pandemic and biosecurity experts said due to the outbreak it is no longer safe for our players to play," V'landys said.
"We are going to look at all the options.
"We thank the players for all their players and fans for the support. This decision hasn't been taken lightly. Our experts are very concerned with the rapid rate.
"We were alarmed at how everything changed over the past 24 hours.
"We've left it open and will make further announcements in the future. All options are still on the table but what's paramount is the health of our players.
"It's catastrophic, I don't think we've ever come across a financial crisis like it."
Greenberg added: "Today is a difficult day for the rugby league community at head office.
"We've briefed our clubs and all players have been told. We've asked players to not turn up to training tomorrow.
"While I say it's a tough day for the game, I know it's a tough time for everyone across our community.
