Former Wallaby Matt Giteau retires at 40 after 'milking' contracts dry

Former Australia out-half Matt Giteau has announced his retirement from professional rugby at the age of 40, joking that he had "milked" the game dry.

The 103-Test Wallaby last played for Major League Rugby side LA Giltinis, who folded last year.

"It's been such an amazing experience and one that I will miss but I have milked this game and contracts dry," Giteau wrote on social media.

Part of Giteau's legacy will be felt long after his retirement, as the player associated with Australia's relaxation of its long-held ban on selecting overseas-based players for the Wallabies.

The so-called "Giteau Law" was championed by Michael Cheika to allow the former Wallabies coach to select him for the 2015 Rugby World Cup in England when he was playing in France.

Just a handful of Gits' iconic moments in gold