BRISBANE, AUSTRALIA - APRIL 11: Matthew Lodge of the Broncos takes on the defence during the round five NRL match between the Brisbane Broncos and the Wests Tigers at Suncorp Stadium on April 11, 2019 in Brisbane, Australia. (Photo by Bradley Kanaris/Getty Images)

A sensational financial payout from the Brisbane Broncos has catapulted Matt Lodge to the summit of the NRL's rich list for 2021.

According to The Daily TelegraphLodge is understood to have received close to $1.3 million as he and the Red Hill club cut ties a fortnight ago.

SYDNEY, AUSTRALIA - AUGUST 02: Matthew Lodge of the Broncos is tackled during the round 21 NRL match between the Canterbury Bulldogs and the Brisbane Broncos at ANZ Stadium on August 2, 2018 in Sydney, Australia. (Photo by Cameron Spencer/Getty Images)

The payout immediately places Lodge ahead of the league's reportedly highest-paid player in Manly's Daly Cherry-Evans, who will pocket an estimated $1.2 million over the course of 2021.

On top of the Broncos' departing gift, the Warriors will also fork up close to $150,000 for Lodge's services for the remainder of this season.

The estimated tally places lodge roughly $250,000 ahead of the rest of the competition, with Dragons playmaker Ben Hunt, Roosters superstar James Tedesco, Sea Eagles fullback Tom Trbojevic and Titans recruit David Fifita all on a reported $1.1 million.

WOLLONGONG, AUSTRALIA - APRIL 13: Ben Hunt of the Dragons runs the ball during the round six NRL match between the St George Illawarra Dragons and the Cronulla Sharks at WIN Stadium on April 13, 2018 in Wollongong, Australia. (Photo by Brett Hemmings/Getty Images)

With Lodge remaining to have another full season on his contract with the Broncos, and a further two years via a player-option, the payout looks to have compensated the 26-year-old for his originally secured place at the club until 2024.

According to News Corp's report, the substantial payout won't hinder the Broncos' salary cap for the one season, with the NRL allowing clubs to split payout fees across multiple campaigns.