Cronulla Sharks premiership-winning five-eighth James Maloney has announced that he'll be joining the Penrith Panthers on a three-year deal.

The Panthers recently released Matt Moylan to the Sharks, in a direct player swap for the Australian Kangaroos five-eight.

The 31-year old will join his fifth club in ten years, expected to be announced this week.

"It looks that way. Obviously the deal's not all signed yet but it looks like it's going to go that way. Looking forward to it," Maloney said.

Maloney led the Roosters and Sharks to premiership winning glory, before making his representative debut. The incumbent NSW five-eight is looking forward to mentoring Nathan Cleary, his talented halves partner who's eleven years younger than him.

"It's a really exciting roster. They've got some really talented young kids, really strong forward pack to play behind," he said.

"Looking forward to teaming up with Nathan Cleary. I think he's been tremendous since he's come into the top grade and looking forward to partnering him and hopefully can help him in some way and have a bit of success out there."

Panthers have proved to boast a impressive recruitment drive - luring James Taumou and Trent Merrin to the foot of the mountain, who are both NSW representatives.

The Panthers proved to be the biggest winner in the player swap - recruiting one of the most experienced halves in the game.

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