The Welsh Rugby Union is delighted that another key international player has committed his future to a Welsh rugby Region.
This follows the recent announcement that the Wales centre, Scott Williams, is also to remain with the Scarlets under a new player contract.
Priestland has won 27 caps for Wales scoring 56 points and is a current member of Warren Gatland's 2014 RBS 6 Nations Wales squad.
The decision of Rhys and other key players to commit to Welsh Regions is being seen as a positive signal for the game in Wales at a time when lucrative offers are being made for players to move abroad.
The WRU remains cautiously optimistic that discussions related to the agreement of a European cup competition format for next season are nearing resolution.
The WRU and the Regions are currently negotiating a new Rugby Services Agreement which will include terms for player welfare and release for international duty.
The WRU has declared the governing body is prepared to negotiate National Contracts with key players the Regions have been unable to negotiate renewed contracts with, so they can remain in Wales with their Region.
Ebbw Vale captain Damien Hudd picked up the biggest accolade of the night at the 11th Principality Premiership Awards Evening held at Principality Stadium, after leading his side to the title for the first time.
Wales assistant coach Robin McBryde is predicting a tough battle against England on Sunday despite the fact they may not be considered to be at full strength. Players will be out to impress Eddie Jones which makes England a dangerous proposition, he says.
Wales U20 captain Tom Phillips and performance psychologist Dr Rich Neil explain why spending three days at Monmouth RFC has further strengthened the togetherness of the squad ahead of the #WorldRugbyU20s
Alongside Scarlets flanker James Davies and Cardiff Blues centre Cory Allen, three Wales Sevens core players have made the extended training squad for GB Sevens. Wales Head coach Gareth Williams tells WRU TV's Graeme Gillespie why Luke Treharne, Sam Cross and Luke Morgan earned selection in the initial training squad for Rio.
Wales Sevens head coach Gareth Williams tells WRU TV's Graeme Gillespie he has had to overcome a number of injuries before naming a competitive squad for this weekend's penultimate round of the World Series in Paris.
Merthyr were officially crowned champions of the SSE SWALEC Championship at Dowlais on Saturday where captain Andy Powell paid tribute to his side who have earned promotion to the Principality Premiership