The Hawks are reportedly open to moving on key players this trade window in order to further widen their hand for next month's National Draft.
Contracted quartet Jack Gunston, Tom Mitchell, Chad Wingard and Jaeger O'Meara have all had their future placed under some speculation in recent weeks, with a letter sent to club members by president Jeff Kennett further adding fuel to the idea of a potential fire sale at Waverley.
O'Meara is believed to be in the sights of Port Adelaide, who will be looking to take a further step in 2022 after succumbing to a second-straight home preliminary final loss this year.
Wingard hinted he will be remaining in the brown and gold in the wake of Kennett's letter, however that hasn't stopped Greater Western Sydney from showing reported interest.
The Giants are understood to be open to moving on Hill, who is contracted for 2022, if they can land a formidable acquisition that can fill a similar role next season.
The Giants and Hawks have reportedly held discussions in regards to Wingard's future, with a move to New South Wales to see the 28-year-old join a third AFL club after beginning his career with Port Adelaide.
Wingard was famously drafted to the Power after notifying the Giants - who held the opening five draft picks in 2011 - he would eventually request a move to South Australia should they select him.
The Giants currently hold two first-round selections (Picks 2 and 13) for the 2021 Draft, with the higher selection unlikely to be packaged in a move for Wingard.