Penrith say they have no interest in pursuing Latrell Mitchell amid mounting speculation the NRL star will leave Sydney Roosters in 2020 after they sensationally withdrew a contract extension offer.

The Panthers were quickly linked to Mitchell along with Canterbury, Wests Tigers and Newcastle after the Test centre baulked at a new deal believed to be worth $800,000 a season from 2021 and beyond, prompting the Roosters' shock response on Tuesday.

On the market: The chase for Latrell Mitchell's signature now appears between the Tigers, Bulldogs and Knights. Credit:NRL Photos

Mitchell is under contract at the tri-colours for 2020 but may be given the green light to walk away next year after the two-time defending premiers were reportedly unhappy that he wanted to explore his options.

But he won't be heading to Penrith after Panthers CEO Brian Fletcher categorically ruled them out of the mix on Wednesday.