Out-of-contract wingman Jared Polec is the subject of a bidding war, seemingly destined to succumb to North Melbourne's tempting five-year, $3.5 million offer.

Port Adelaide are yet to decide whether to counter the Roos' advances on the midfielder with extra seasons to the current contract offer, or a monetary bonus to narrow a $2 million gap which their current salary cap allows for.

The Power reportedly have no issue with Polec considering his options according toย Port Adelaide football chief Chris Davies.

โ€œPlayers have the right to negotiate in a professional competition; it is about their livelihoods,โ€ Davies told The Advertiser.

โ€œWe are still working with Jared and his management as to what 2019 looks like.

โ€œJared looks like he wants to stay with the footy club. So this will go back and forth โ€ฆโ€

The primo midfielder has four current suitors -ย North Melbourne, St Kilda, Sydney and Carlton, though the Roos reign supreme as trade frontrunners.

The star told The Advertiser last month his loyalty lies with Power: "โ€œI love Port Adelaide. Iโ€™ve always been a Port Adelaide fan. Hopefully, something will get done (before the finals).โ€

Polec's position with Power now depends on the price suitors are willing to pay to poach him for good; only time will tell whether $2 million is enough.