North Melbourne will reportedly sound out offers to let go off its No.1 pick at this year's draft.

Rival clubs believe they could poach the Roos' prized selection, which has not been traded since 2001, and allow the North Melbourne to instead compile multiple early picks, per reports by AFL.com.au.

The Kangaroos currently hold picks no.1 and 55, 66 and 73.

Adelaide and Richmond made big, but unsuccessful offers to take 2021 no.1 draft pick Jason Horne-Francis from North Melbourne last season.

Midfielders Will Ashcroft, George Wardlaw, Harry Sheezel, Elijah Tsatas and Jhye Clark, as well as key forward Aaron Cadman, are widely favoured to be in the frame for being picked with no.1, and there is added expectation clubs will target North's top choice of young talent again.

North Melbourne has recruited a stack of midfielders with its six most recent first-round picks; Jason Horne-Francis (2021), Will Phillips (2020), Tarryn Thomas (2018), Luke Davies-Uniacke (2017) and Jy Simpkin (2016).

Given the midfield heavy nature of the high-end of this year's draft cohort, trading its first pick could open avenues for North to recruit key position players.

Meanwhile, the GWS Giants hold pick three, as well as the expectation of receiving more first round picks after the potential exits of Tim Taranto and Jacob Hopper.

The Suns could also hold two picks in the top 10 (5 & 7) if a deal is confirmed with Izak Rankine.