It's official! North Queensland Cowboys coach Paul Green has confirmed that talented teenager Kalyn Ponga has signed with the Newcastle Knights.

Speaking at a press conference this morning, Green conceded the club were "disappointed to lose him".

โ€œLook, itโ€™s early days, so thereโ€™s a cooling off period, but we expect Kalyn to go there (to the Knights),โ€ Green said.

Ponga will join the Knights in 2018 on a five-year $3 million deal.

When asked if Ponga had requested an early release, Green said he wasn't sure but made it clear that a release would not be granted either way.

โ€œKalynโ€™s contracted to us for next year, heโ€™s part of our plans for next year and as such heโ€™s expected to play for us,โ€ Green said.

โ€œThis is the competitive nature of the industry that weโ€™re part of, so Iโ€™m going to pick the best team possible and if Kalynโ€™s part of that then heโ€™ll be in the team, simple as that.โ€

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