Payout.

Former Wallabies fullback Israel Folau today settled his legal dispute with Rugby Australia (RA) and New South Wales Rugby Union (NSWRU) after his contract was terminated earlier this year following a homophobic social media post.

The 30-year-old was sacked for saying “hell awaits” gay people, after previously being warned over his social media posts.

A joint statement from RA, NSWRU and Folau said the “post reflected Mr Folau’s genuinely held religious beliefs, and Mr Folau did not intend to harm or offend any person when he uploaded the social media post.”

“Mr Folau wants all Australians to know that he does not condone discrimination of any kind against any person on the grounds of their sexuality and that he shares Rugby Australia’s commitment to inclusiveness and diversity,” the statement added.

Folau sued his former employers for AUS $14 million and the parties had settled for a confidential amount, according to a joint statement on Wednesday.

And now that “confidential” amount has been revealed with The Daily Telegraph reporting that Folau settled for a payout of AUS $8 million.

Folau had reportedly rejected an offer of AUS $1 million offer to walk away from the case. His four-year contract was worth AUS $4 million.