In-demand winger Corey Oates will reportedly ignore the overtures of rival NRL clubs and re-sign a long-term contract extension with the Brisbane Broncos in the coming weeks.

As first reported by The Courier Mail’s Peter Badel, Oates will resist the temptation to test his value on the open market and instead ink a three or four-year deal to stay at Red Hill.

Reports earlier this week suggested the blockbusting Queensland Maroons winger has received offers up to $700,000 a season from rival Sydney clubs.

But Badel claims Oates will put loyalty ahead of money and is in the final stages of negotiating a deal worth around $600,000 a season.

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“I understand it’s a business these days and you only have a short career, but I love playing at the Broncos and I won’t be going anywhere,” Oates told News Limited.

The 24-year-old joined the Broncos as a teenager and made his NRL debut in Round 17 of the 2013 NRL season against the Melbourne Storm.

He has scored 88 tries in 129 NRL appearances for the Broncos, including nine four-pointers in as many matches to start the 2019 campaign.

Oates’ impending retention follows prop Joe Ofahengaue’s decision to re-sign with the Broncos on a three-year deal on Wednesday.

Attention will now turn to boom forward Tevita Pangai Junior who is also off-contract at the end of the current season.

The NRL’s decision to allow South Sydney to remove $700,000 from their 2020 salary cap following Greg Inglis’ recent retirement has reignited speculation Pangai Junior will reunite with Wayne Bennett at Redfern from 2020.