The Cats are believed to be keen to secure a top prospect following Tim Kelly’s deflection to West Coast.
Geelong have discussed pick swaps with multiple clubs and the Demons have emerged as the club most likely to progress in talks.
The proposed trade would see the club’s swap first-round selections and other picks that would hand the 2019 minor premiers Pick 8.
The Cats have previously confirmed their keenness to move up the draft order and add young key position players to fill the void of their current ageing crop.
It is believed that Geelong have set their sights on Vic Metro swingman Fischer McAsey, but Port Adelaide could snap him up with Pick 12.
The Cats have also been linked to Sam De Koning and Harry Jones with their later selections, currently holding picks 14, 17 and 24.
The potential trade could allow the Demons to pick up exciting forward Kysaiah Pickett, the nephew of Norm Smith medallist Byron.
Melbourne also hold Pick 3 which they are likely to take West Australian ruckman Luke Jackson with, but are also weighing up placing a bid on GWS academy prospect Tom Green.