All Blacks fly-half Aaron Cruden signs three-year deal with French club Montpellier

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All Blacks fly-half Aaron Cruden has confirmed he has given up his All Blacks jersey and signed a three-year deal with Montpellier.

Montpellier owner and president Mohed Altrad confirmed the club signing, saying a statement would be released later today.

Midi Olympique reported Cruden signed the deal believed to be worth €800,000 (AUS $1.1 million) per season.

The deal is reported to start for the 2017/18 season, meaning Cruden will see out his contract with New Zealand Rugby and will be available for the All Blacks series against the British & Irish Lions three Test tour this year.

Cruden made a statement through the All Blacks on Wednesday morning.

"It's with great sadness that this will be my last year playing rugby here in New Zealand, representing Manawatu, the Chiefs and also the All Blacks," Cruden said

"Personally I would like to thank all of the rugby fans across New Zealand for all of the loyal and continued support that you have given me throughout my career.

"I look forward to the next six months in New Zealand. Firstly Super Rugby with the Chiefs and hopefully making a good run at that title. If the future holds an All Blacks jersey in the Lions series I will be working hard to make sure that happens."

Cruden has played 47 tests for the All Blacks since his debut in 2010, but his future has been under speculation as he fell behind World Player of the Year Beuaden Barrett in the pecking order for the All Blacks No.10 jersey.

Montpellier currently sit third on the Top 14 table, and have recently signed New Zealand coach Vern Cotter for the 2017/18 season.