Brookvale Oval will continue to be Manly's home ground for at least the next two years after the NRL club secured hiring rights for the venue and the chance to sell naming rights at the ground.
The agreement, secured with Warringah Council, could provide an additional $750,000 to Manly's coffers for the next two seasons.
Sea Eagles boss Joe Kelly welcomed the announcement as vital for the club's future.
"Brookvale Oval has been our spiritual home since 1947 and we never entertained playing anywhere else in our 70th year," Kelly said.
"This outcome is the balance between striking a commercially sound hiring fee arrangement at Brookvale Oval and providing the certainty for our members, corporate partners and supporters."
Manly and the council had squabbled over the tenancy agreement, but now that was over, Kelly said the Sea Eagles could concentrate on football.
"We can all now focus on the season ahead," he said.
Manly kickoff their NRL season against Canterbury at Brookvale Oval on Friday March 4.
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