After only offering up one-year deals, the Rabbitohs today put to Reynolds' manager Steve Gillis a two-year contract extension with an option in the club's favour for 2023 worth $700,000 per year, but that deal was knocked back according to the Sydney Morning Herald<\/a>.<\/p>\n The report states Reynolds' manager informed club officials that the 2014 premiership winner would begin negotiating with rival teams.<\/p>\n It's understood Reynolds will look elsewhere and chase the security of a three-year deal despite being willing to remain with South Sydney if a guaranteed two-year offer was put on the table.<\/p>\n According to Nine's NRL reporter, Danny Weidler, the contract standoff recently left Reynolds feeling disgruntled by his club's actions<\/a> after rumours swirled that the Rabbitohs were lessening his value to rival teams.<\/p>\n "There's growing anger from Reynolds that Souths are trying to lessen his value by implying he has ongoing injury issues," Weidler told Nine News Sydney.<\/p>\n<\/p>\n