An array of local football clubs across Victoria are understood to be queueing up for retired Tiger Josh Caddy.

Caddy called time on his 174-game career on Thursday after an ongoing battle with chronic hamstring issues, with the 29-year-old last featuring in Round 20 last year.

Injuries limited the former Cat and Sun to just 17 games in the past three seasons, with the midfield-forward utility's decision set to open up a list spot for Richmond to use at next month's Mid-Season Draft.

"[Caddy] wanted to provide the opportunity to some other player to put their hand up and play for our footy club, that probably sums up Josh," Richmond senior coach Damien Hardwick said this week.

"He's given up his jumper so someone else can have an opportunity ... That's the selfless nature of the guy. We couldn't be more appreciative."

While one player is set to come from outside the fringes of the AFL and land at Punt Road, Caddy is destined to go in the opposite direction as local clubs look to secure the veteran's services.

MELBOURNE, AUSTRALIA - APRIL 29: Josh Caddy of the Tigers celebrates a goal during the 2018 AFL round six match between the Collingwood Magpies and the Richmond Tigers at the Melbourne Cricket Ground on April 29, 2018 in Melbourne, Australia. (Photo by Michael Willson/AFL Media/Getty Images)

Caddy, an Eltham product from the Northern Football League, has already gained interest from powerhouse local league clubs, according to News Corp's Ben Higgins.

The 2018 All-Australian squad member could gain match payments in the vicinity of $8000 as lucrative offers emerge, with one club's offer tipped to “blow everything else out of the water”.

Both metro and country clubs are set to queue up for Caddy, with big-name sides in Vermont, Balwyn, Keilor, Albury, Wangaratta Rovers, Deer Park, Aberfeldie and Seymour linked as potential landing spots.

Should Caddy return to his roots with Eltham, the 2017 and 2019 premiership player would venture to the NFL's second division. A move to Division 1 would see Caddy add to a strong cohort of ex-AFL names in the league, with Montmorency (Lin Jong and Mitch Honeychurch), Greensborough (Tom Bell and Daniel Gorringe), Bundoora (David Zaharakis, Neville Jetta and Sam Lloyd) and Heidelberg (Brayden Sier and Tom Bellchambers) among the clubs to boast headlining names.

MELBOURNE, AUSTRALIA - APRIL 24: Sam Lloyd of the Tigers celebrates kicking a goal during the round five AFL match between the Melbourne Demons and the Richmond Tigers at the Melbourne Cricket Ground on April 24, 2018 in Melbourne, Australia. (Photo by Quinn Rooney/Getty Images)

It is understood that Caddy could link up with a new club at the local level as early as next week, with the former Pick 7 deemed fit to feature on the field following his recent injury troubles.

Caddy first joined the AFL as a member of the Gold Coast Suns' inaugural squad through the 2010 National Draft, before heading to Geelong in 2012 and Richmond in 2016.