Kurtley Beale has reportedly agreed to a $1.45 million a year deal with English rugby side Wasps.

The Times has reported that Beale will become the highest paid player in English rugby and will be one of the top five highest paid players in the world.

It is understood after long deliberations about his future, Beale finally signed off on the deal this week.

However, the 27-year-old will remain eligible for the Wallabies, as he has played 60 Test for Australia.