Taranto, recruited with pic No.2 in last year’s draft, has played nine of a possible 10 games in his debut season, averaging 16.4 disposals and 4.3 tacklers per game.
Setterfield, recruited from the Giants’ academy last year, is yet to make his senior debut, with an ankle injury sidelining him since April. However, he has impressed in his brief game time in the reserves.
After just a few months into their senior careers, the club is already making moves to lock the talented duo away, with AFL.com.au reporting the pair are both set to add two-year extensions onto their current deals, which will tie them to the club until 2020.
Once the pair have signed on, Josh Kelly looms as one of the only other key players still out of contract at the Giants, with the likes of Dylan Shiel, Zac Williams, Lachie Whitfield, Jon Patton, Rory Lobb, Nick Hayes, Toby Greene, Stephen Coniglio and Jeremy Cameron all signed on beyond this season.