The Sharks have released Trent Hodkinson, effective immediately, to take up a multi-year offer at another NRL club.

Hodkinson joined the Sharks in 2018 on a one-year contract.

Sharks coach Shane Flanagan explained the Hodkinson release and wished the experienced half back all the best at his new club.

"It was part of an agreement we had with Trent, as we weren't in a position to extend his contract beyond 2018, if he could find a multi-year offer somewhere else we wouldn't stand in his way," Flanagan said.

"He has been very good around our club, we thank him for the games he has played and wish him well in his future endeavours."

Arriving from the Newcastle Knights during the pre-season, Hodkinson played four games for the Sharks in the top grade this year and has now played 160 NRL games across four different clubs.

With Chad Townsend and Matt Moylan currently in the Sharks halves and with youngster Kyle Flanagan waiting in the wings for his opportunity, the club is confident they have the depth necessary to cover for Hodkinson's departure.