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Dragons forward Tyson Frizell.

The Dragons have tabled NSW and Australian Test star Tyson Frizell a three-year extension as rival clubs, led by Newcastle, attempt to lure him out of the famous Red V.

Frizell met St George Illawarra powerbrokers earlier this week when the new deal was tabled, but has also fielded a three-year offer from the Knights as well after meeting with officials from the Hunter club.

It's believed Frizell's preference is to remain at the Dragons and they are clear frontrunners to retain his services, though his status as one of the game's elite back-rowers means the club must come to the party with a top-dollar offer.

The 28-year-old is keen to have his future sorted before the 2020 season starts.

A three-year commitment would keep Frizell in red and white until the end of 2023, making for a decade of service at the Dragons, and offer a much-needed boost for the club as Paul McGregor bids to return to finals football.

Since joining the Dragons in 2013 from Cronulla, he has become one of the best back-rowers in the Telstra Premiership, playing 14 Tests for the Kangaroos and 11 Origins for NSW.

He recently told NRL.com that the "sooner I can get [negotiations] out of the way the better it is for myself and for the club as well".

Newcastle's interest comes as new coach Adam O'Brien looks to make their roster his own, with the pursuit of Frizell potentially adding another marquee signing alongside stars Kalyn Ponga, Mitchell Pearce and David Klemmer.

Frizell is the biggest name in a host of Dragons coming off contract in 2020, headlining a list that includes James Graham, Euan Aitken, Tim Lafai, Issac Luke, Tristan Sailor and lock Jack de Belin, who has been stood down until his legal proceedings have been resolved.

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