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Tyson Frizell has declared a team's premiership prospects rather than the pay packet they offer will dictate where he plays beyond 2020 as the Dragons attempt to stave off a big-money approach from Newcastle.

As reported by NRL.com on Thursday, Frizell has three-year offers from both his current club and the Knights on the table.

It's understood the 28-year-old will meet with Newcastle officials next week as negotiations continue on both fronts.

As one of the game's truly elite back-rowers Frizell's market value is considered to be in the $800,000-a-season vicinity, a figure Newcastle are able to work towards with a healthy amount of salary cap space available for 2021 and beyond.

Speaking after the Dragons' thumping 27-5 win over Cronulla on day one of the NRL Nines, Frizell stressed that a maiden premiership was his chief motivation as he weighs up his future.

"I'm not too worried about money talk and all that kind of stuff," Frizell said.

"People know that I'm looking to win a premiership hopefully and play some good footy, play finals footy. That's what we do it for. I don't do it to go chasing money, that's a nice part of it but if that's what driving us we're not going to be successful at all."

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Losing Frizell would be a hammer blow for St George Illawarra given he has developed into a Test and NSW Origin regular since arriving from the Sharks in 2013.

Despite the Dragons' dismal 15th place finish last year, Frizell said he is confident with where the club is heading, and still wants to sort his future before round one rather than hold off and see how the team starts the season.

"I'm pretty comfortable that I know where the Dragons are at," Frizell said.

"We've had our tough year last year. We've done everything possible to have a good off-season but so has everyone.

"A lot of things come into it as a factor. I haven't made a decision. Once I've got all the cards on the table I want to know what I'm doing. hopefully it's here at the Dragons but these things happen, it might not be.

"It's all part of footy but for me, I love the club and hopefully I can see myself here long term. If that's not the case, then that happens."