BREAKING NEWS: Collingwood legend Scott Pendlebury has finalized landmark agreement deal reportedly worth about $172.5 million to become their next….

In a stunning development that has rocked the AFL community, Collingwood Football Club legend Scott Pendlebury has finalized a landmark agreement worth a reported $172.5 million, marking one of the most lucrative post-playing career deals in Australian sport history.

The 383-game veteran, widely regarded as one of the greatest midfielders of the modern era, will step into the role of Head of Football Operations at Collingwood, transitioning from his on-field leadership into a powerful executive position that will shape the Magpies’ future for years to come.

A Historic Agreement

The deal, which insiders say spans over 15 years, includes performance bonuses, media responsibilities, equity stakes in club-led ventures, and ambassadorial roles within the AFL community. It cements Pendlebury’s place not only in Collingwood’s storied history but also in its ambitious future.

“I’ve given everything I have to this club on the field,” Pendlebury said in a press statement. “Now, I’m excited to give just as much off the field. Collingwood has always been home, and I’m honoured to continue building something special.”

From Captain to Commander

Pendlebury retired earlier this year after a 19-season career that included a premiership in 2010, six Copeland Trophies (Collingwood’s Best & Fairest), and All-Australian honours. Known for his composure, vision, and leadership, he captained the Magpies for a record 206 games.

Club President Jeff Browne described the appointment as “a masterstroke,” adding:

“Scott knows this club better than anyone. His football IQ is unmatched, and his ability to lead, inspire, and strategise makes him the perfect choice to guide Collingwood into its next era.”

What It Means for Collingwood

Pendlebury’s appointment is seen as a signal of Collingwood’s intent to become not just an on-field powerhouse, but an off-field leader in innovation, player development, and football operations. His role will reportedly include:

• Oversight of player recruitment and development
• Long-term strategic planning
• Integration of sports science and analytics
• Club culture and leadership development
• Liaison between AFL officials and club stakeholders

The Biggest Off-Field Deal in AFL History?

While the reported $172.5 million figure raised eyebrows across the sporting world, it reflects Pendlebury’s rare value proposition: deep club loyalty, iconic status, and a visionary football mind. Comparisons are already being drawn to American and European sporting figures who transitioned from elite athletes to top executives.

AFL Community Reacts

Social media exploded within minutes of the news breaking, with fans, pundits, and former teammates applauding the move.

Former teammate Dane Swan tweeted:

“No brainer. The bloke’s basically been running the club since 2010 anyway 😂 Congrats, Pendles.”

Even rival club legends weighed in, with Geelong great Joel Selwood posting:

“Huge. Pendles always led by example. If anyone can take Collingwood to another level, it’s him.”

What’s Next?

Pendlebury will officially begin in his new role at the start of the 2026 pre-season. While the club has remained tight-lipped on some of the finer details, fans can expect an official unveiling and media conference later this week.

For Collingwood supporters, this marks more than just a new chapter — it’s the continuation of a legacy.