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The Announcement of Cleary’s Planned DepartureIvan Cleary confirmed on Wednesday that he will step aside as head coach of the Penrith Panthers at the end of the 2026 season, after 18 months remain on his current contract.Details of the Transition and Advisory RoleCleary said his decision was not taken lightly and that he will remain with the club in an advisory role focused on leadership and culture beyond 2027. His assistant, Peter Wallace, is slated to take over as head coach, giving him a full season to lead the team.Contractual Landscape and Player Off‑Contract Numbers18 months left on Cleary’s contract.Four straight premierships (2021‑2024) under his second stint.Key players—including son Nathan Cleary, captain Isaah Yeo and back‑rower Liam Martin—are off‑contract at the end of next season.Panthers have won 10 of 11 games this season, sitting atop the NRL ladder.Implications for the Panthers’ Dynasty and NRL Power BalanceThe move threatens the collapse of what many consider the most dominant modern‑day NRL dynasty. With several star players facing free‑agency decisions, retaining the core squad will be a major challenge for the club’s hierarchy.Outlook: What Lies Ahead for Penrith and the NRLCleary believes his early announcement provides clarity for contract negotiations and gives Wallace a solid footing. If the Panthers can keep their marquee talent, they may extend their dominance; otherwise, the NRL could see a power shift as rivals vie for the departing stars.