The 27-year-old had taken legal action against the club in May last year, after resigning from them.
He believed that he had been unfairly ostracised at the club, whom he believed had never honoured an agreement for a two-year extension to his contract.
Hull’s argument was, apparently, that while a contract may have been discussed with former coach Peter Gentle, nothing was ever agreed.
Rather than embarking on a potentially costly battle in the courts, however, FC have opted for an out-of-court settlement with the player, who is currently playing on a short-term deal with Wests Tigers back in Australia.
“An agreement has been reached,” Hull owner Adam Pearson told the Hull Daily Mail.
“It has been a long dispute and we are glad to put it behind us now. It’s always a shame when lawyers have to get involved, but it is all behind us now.”
Details of the financial settlement reached cannot be disclosed for reasons of confidentiality.