Corey Norman is set to join the Dragons on a three-year deal after agreeing to a contract settlement with the Eels.
A dispute over his release terms was delaying the move, but Norman and the Eels have since come to an agreement.
Norman will accept a $250,000 payout from the Eels and will have the Dragons pay $500,000 of his salary next year.
Norman will be unveiled shortly by the Dragons, while the move is set to allow Parramatta to enter the market where they are linked with Robert Jennings.