Rugby league players have accepted a $19 million wage cut from the NRL in a new two-year collective bargaining agreement.

NRL CEO Andrew Abdo confirmed to Mark Levy the deal will still allow clubs to have 30 elite players in their squad.

“It’s been a great team effort.

“I’m pleased with the fact that we were able to do it so professionally.”

Mr Abdo gave credit to the senior players who ensured “tough negotiations but a fair outcome”.

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Image: Nine News