Free to negotiate with rival teams from November 1, the Wests Tigers will reportedly offer teenage sensation Lachlan Galvin a "significant offer" to keep him at the club as he is set to hit the open market from November 1 and negotiate with rival teams.

One of the best rookies in the NRL, Galvin has been one of the standouts and highlights for the Wests Tigers over the past two seasons as they continue to rebuild under Benji Marshall and attempt to turn their luck around

In only 24 first-grade matches, Galvin has shown that he is a future star of the competition and has already earned praise from former NRL icons turned media pundits Andrew Johns and Phil Gould.

Following CEO Shane Richardson's comments in November that the Tigers and Galvin's management were "working closely" to extend his contract, it is now being reported that the club is set to offer him a "significant offer" and that a new deal could be "imminent."

This comes after he was linked to the Parramatta Eels as Dylan Brown's replacement and it was heavily indicated a week ago that he would explore his options from November 1, which would see him become the biggest target on the open market.

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โ€œI think it's imminent. I think it'll come in the next month or two they'll make a move on Lachlan Galvin,โ€ The Daily Telegraph's Brent Read said on NRL360.

โ€œThey have to make a move on him because he's one of those guys who can talk with rival clubs on November 1 and there are a stack of clubs that are lining him up.

โ€œI think he'll be a million dollar player at some point in that contract offer. I think it'll be a significant offer over a long period of time.โ€

NRL Rd 3 - Tigers v Sharks
SYDNEY, AUSTRALIA - MARCH 23: Lachlan Galvin of the Tigers embraces with his teammate after winning the round three NRL match between Wests Tigers and Cronulla Sharks at Leichhardt Oval, on March 23, 2024, in Sydney, Australia. (Photo by Jeremy Ng/Getty Images)

Contracted for the next two seasons, Galvin will be able to speak with rival teams from November 1 and will likely attract a ton of interest on the open market if he doesn't extend before then.

Set to earn $600,000 over the next couple of years, the 19-year-old is likely to receive a significant pay rise in his next deal.

Capping off his stellar first season in the NRL, the 2023 Australian Schoolboys captain was selected to represent the Prime Minister's XIII alongside teammate Alex Seyfarth.

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Unfortunately, despite being the favourite, he could not claim the 2024 Dally M Rookie of the Year honours as he was suspended for three matches at the beginning of the season for a hip-drop tackle against his former team.

"I'm really staying out of that at the moment. My manager is dealing with that," Galvin told Zero Tackle recently.

"I haven't really heard much about it. Nothing's really happened at the moment so I'm just going to let this year play out and whatever happens, happens.

"I don't really want to get into talks at the moment. I just want to play my best."