GWS key defender Jeremy Finlayson will be exploring his options for next season as the Giants look to avoid a salary cap squeeze.

The 22-year-old had signed a new deal three months ago that would keep him at the club till the end of 2020.

The promising defender's manager, Dave Trotter, has stated that his client would now explore his options after his exit interview with the Giants.

"Jeremy was told in his exit interview that the club was open to exploring options ahead of the trade period," Trotter told AFL.com.au.

"This was unexpected but we will have a look around and if there is something there we will explore it, but if not Jeremy has got two years remaining on his contract and both he and the club are more than happy for him to stay.

"The club and Jeremy will work through things together before any decision is made."

This story comes out as the rumors say the Giants will have to part ways with a star or two in order to stay below the salary cap next year.

The club believes that they are in a similar position to other clubs in the league as the club has reached the finals in the past three years.

Dylan Shiel and Rory Lobb's futures remain unclear. Neither player has asked for a trade as of yet, but clubs are enquiring about them.

Pick 5 of the 2016 NAB AFL Draft, Will Setterfield, has been linked to a move to Victoria and will also explore his options just like Finlayson.

The 196cm defender has been on the list for four years. He played the opening nine rounds of the home and away season and in rounds one to four, he averaged 22 possessions, six rebound 50s and five marks.

His 14-game season was very impressive as multiple clubs will target him throughout the off season.