The Roosters have announce the signing of highly-touted teenager Joseph Suaalii to a two-year deal.

Following his release from the Rabbitohs on Tuesday, Suaalii penned a lucrative contract in a move to Bondi.

Roosters recruitment manager Daniel Anderson expressed his excitement after signing the 17-year-old.

โ€œJoseph is a highly-talented young player, and weโ€™re thrilled to have secured his services,โ€ said Anderson.

โ€œThis is a terrific opportunity for Joseph to continue his development alongside the established players we have at the Club like James Tedesco, Daniel Tupou and Joseph Manu, and weโ€™re looking forward to watching his progress over the next few years,โ€ he added.

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The Rabbitohs released this statement earlier today:

The South Sydney Rabbitohs have released Joseph Suaalii from the remaining year of his playing contract following the payment of a non-disclosed transfer fee by another NRL Club.