Tyson managed 113 games across the three clubs, with his spell at Arden Street seeing him play just the six games over three years due to numerous injuries.
Speaking to Zero Hanger, Tyson says that the deal is all but signed, sealed and delivered.
"I'm 99% there at North VFL," Tyson said.
"I've accepted a playing/assistant role down there, I've just got to sign it (the contract)."
Tyson added that he would be in charge of the midfield in his new role, with his time to be split amongst playing and having the occasional gameday spent as just a coach.
"It'll be playing and midfield coach and it's a pure VFL commitment," Tyson said.
"Gameday I can just play and mid-week focus on the VFL midfield coaching role. The commitment could be that I end up playing three weeks and then coaching on the fourth.
"It's a flexible role."
Tyson was delisted by North Melbourne at the end of the 2021 season, joining Shaun Atley, Trent Dumont, Will Walker, Taylor Garner, Charlie Ham, Tom Campbell and Connor Menadue in not being offered a new deal for 2022.