Newcastle has reportedly offered North Queensland teenager Kalyn Ponga a AU$3.6 million contract after two NRL games.
The Knights have tabled a five-year offer to the 18-year-old worth $720,000 annually, according to News Corp Australia.
The deal would be potentially the biggest contract for a teenager in the game's history.
Ponga made his NRL debut on the wing in the Cowboys' finals win over Brisbane in September as a replacement for the injured Antonio Winterstein.
He played in the preliminary final loss to Melbourne a week later.