The Gold Coast Titans have announced Jarryd Hayne has agreed to sign a multi-year deal that makes the cross-code star one of the highest-paid players in NRL history.

The Titans made Hayne an even bigger offer than the one that was originally accepted, and then rejected, by Daly Cherry-Evans. It's understood the deal could average out at at least $1.2 million per season when third-party arrangements are factored in, which would make Hayne one of the highest-paid players in NRL history

The audacious move means the resurgent Titans will immediately become a legitimate premiership contender for next season and beyond.

As it stands, the Gold Coast are already one of the surprise packets of the competition, defying most pundits' wooden spoon predictions by climbing into seventh spot courtesy of a thrilling draw with Cronulla on Monday night.