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.
WRU chief executive Martyn Phillips has urged Welsh rugby fans to follow in the footsteps of their soccer counterparts at last summer's Euro Championship by backing their team to the hilt in the upcoming RBS 6 Nations campaign.
Chief executive Martyn Phillips has highlighted the plans for Wales to become a breeding ground for national and elite club rugby coaches, which are contained in the WRU's 10-year 'Strategy for Welsh Rugby'.
Andrew Coombs is enjoying his new role as Nelson forwards coach. The former Dragons and Wales lock has big ambitions to become a professional coach but feels it's important to learn the ropes in grassroots rugby and where better than his home club Nelson, with friends and family close to hand.
Wales and Ospreys back row James King, who came through the North Wales age grade system, nominated North Wales Regional Community Rugby Manager Marc Roberts, in the WRU's 'Diolch' initiative where squad players thanked those who played a part in their rise to the top.
A proud Japan head coach Jamie Joseph praises his players who so nearly pulled off a shock victory against Wales at the Principality Stadium where his side's fast tempo ensured the game wasn't decided until the dying seconds.
Head coach Rob Howley explains the changes he has made to the Wales squad which faces Argentina on Saturday while captain Gethin Jenkins and returning back row Sam Warburton are determined the players will 'produce a performance they are proud of'
Wales defence coach Shaun Edwards and second row Bradley Davies react to Saturday's disappointing defeat to Australia on Saturday but assure Welsh fans they indend to bounce back this weekend against Argentina.
Flanker Justin Tipuric reveals to WRU TV that he is looking forward to playing alongside Ross Moriarty and Dan Lydiate in what is an unfamiliar back row combination as Wales look to take on Australia at Principality Stadium on Saturday.
The Ospreys may be the leading try scorers in European rugby this season with 38 for their five Challenge Cup pool matches, but they are going to have to go some in Round 6 in Newcastle to overtake the record held by Saracens.