Hawthorn, the Western Bulldogs and North Melbourne have emerged as potential suitors for out-of-contract Magpie Jamie Elliott, according to Channel 7โ€™s Tom Browne.

It is believed that Collingwood are only offering the injury-prone 27-year old a two-year deal, while Melbourne have already reportedly come calling with a three-year deal.

And a big-money offer could be enough to poach the small forward away from the Holden Centre.

โ€œThe race for Elliott has heated up this morning,โ€ Browne told Channel 7โ€™s Game Day.

โ€œMelbourne are offering three years, Collingwood are offering two.

โ€œMy understanding is this: multiple clubs, with money, are interested in Elliott.

โ€œThe main ones would be Hawthorn, potentially with salary cap space, also the Bulldogs and North Melbourne, so I think there will be a real race for Elliott now in coming weeks.

โ€œHeโ€™s really proved his worth again after those injuries in recent weeks.โ€

Browne believes Elliott's preference is to remain at Collingwood, but could be forced out from the club's salary cap squeeze.

โ€œCollingwoodโ€™s got tight salary space, Melbourneโ€™s got tight salary cap space, I donโ€™t think he wants to go somewhere else but heโ€™d obviously want to maximise, at some point, his value,โ€ he said.

โ€œCollingwood are not in the position to offer perhaps as much money as heโ€™d like at the moment.โ€