Club chief executive Dave Donaghy said the decision comes amid a review of the club's playing group and future aspirations.
“Given our position, we are reviewing our roster and sometimes that involves some challenging discussions," Donaghy said in the club-released statement.
“In saying that, our discussions with Tevita have been open, honest and respectful.
“In an ideal world, these calls would be made post-season, but free agency in the NRL does not enable that.”
Shortly after the Broncos' 46-0 defeat at the hands of the Rabbitohs at home on Thursday night, Pangai Junior told Channel Nine that he will look to clear up his future in the coming weeks.
“We’ve got one game in the next three weeks so I’d love to get my future sorted in the next three weeks. I haven’t thought about (where I might go)," he said.
Tevita Pangai Jnr reveals that the Broncos told him he's free to look elsewhere. 😮
Where should he go? 🤔
— NRL on Nine (@NRLonNine) June 17, 2021
“I thought I was on contract but contracts don’t mean much these days. I’ve got to cop it on the chin and get my manager to do his job.”
Reports opened last month of the Tigers' potential interest in Pangai Junior and Jamayne Isaako, with Wests coach Michael Maguire and club CEO Justin Pascoe reportedly keeping tabs on the pair in Queensland.