The Melbourne Storm could be in for a fight to retain the services of red-hot playmaker Cameron Munster following reports the in-form star has rejected the clubโ€™s latest contract offer to extend his contract beyond 2023.

NewsCorp reports Munster is preparing to test his value on the open market come November 1 as he looks to capitalise on a searing form surge that has also seen him move to fullback for Craig Bellamyโ€™s side.

The playerโ€™s manager Braith Anasta confirmed Munster will look at his options during the off-season, and itโ€™s believed Wayne Bennett and the Dolphins are primed to make a big-money move.

As revealed by NewsCorp reports earlier in the week, the Dolphins are preparing a bid in the vicinity of $5.2 million for the Queensland star, with Munster possibly earning an annual fee of $1.3 million.

โ€œWe are going to wait until November and test the open market,โ€ Anasta told NewsCorp.

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โ€œI canโ€™t see Cameron signing with Melbourne โ€“ or anyone else โ€“ before then.

โ€œMelbourne are definitely fighting hard to keep him, but at this point we wonโ€™t be doing anything until November.

โ€œMelbourneโ€™s deal is not at the point to convince Cameron to sign. They have put the offer to us a couple of times and weโ€™ve said weโ€™re not ready.โ€

Despite the contract issues, Anasta insists Munster is happy at the Storm โ€“ but the club have already secured a number of high-value players to big deals which will undoubtedly affect their ability to compete with other offers Munster may receive.

โ€œThe problem is (Melbourne) exhausted their salary cap when they re-signed all (Harry Grant, Jahrome Hughes and Xavier Coates) earlier in the year,โ€ Anasta said. F

โ€œThere isnโ€™t much room to move there for Cameron.

โ€œCameron is such a great player and his performances are getting better every week. Why would he rush into a new deal?โ€