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The team is based 55 km (34 mi) west of the centre of Sydney, at the foot of the Blue Mountains. The Panthers are the current reigning NRL Premiers, having won the title three times.
The Panthers were admitted to the New South Wales Rugby League (NSWRL) competition in 1967. The Panthers struggled for almost twenty years before finally reaching their first finals series. The club achieved its first Grand Final appearance in 1990 but were beaten by the Canberra Raiders 18–14. The following year the Panthers met the Raiders again in the 1991 Grand Final, this time winning the game 19–12.
The Panthers' most recent premiership achievement was over the South Sydney Rabbitohs in the 2021 Grand Final with a 14–12 victory. It came as a redemption win after losing in the 2020 Grand Final to the Melbourne Storm.
Ivan Cleary was appointed head coach in October 2018. OAK Milk has been their major sponsor since 2012. Former Penrith premiership winning head coach Phil Gould was the club's general manager but departed in 2019.
