Lance Franklin is considering moving elsewhere in 2023 or retiring should Sydney not add to their "lowball" offer currently on the table for the legendary forward, per reports from the Herald Sun's Mark Robinson.

Franklin, who is out of contract at the conclusion of 2022, has been in negotiation with the Swans to extend his time in red and white, but is reportedly not willing to accept the sum the Swans are willing to offer.

The report suggests that the forward has been tabled around $500,000 to play on in 2023, but the 35-year-old is seeking a deal in the range of $700,000 and $800,000.

Should the two parties fail to come to a deal, Franklin is reportedly keen to continue playing elsewhere, with a move back south floated as a possible option.

Widely regarded as one of the best forwards of the game, Franklin has played 150 games for the Swans after 182 with Hawthorn following his debut in 2005. The eight-time All Australian and four-time Coleman medalist kicked his 1000th goal earlier in the season, and has kicked 34 in 2022 alone, a season in which he has played 14 games.

While Robinson reported that retirement could be on the cards if a new deal can't be struck, Franklin's 2022 form gives every indication that we will be seeing the goalkicking great in 2023, whether that be in Swans colours or otherwise.