Channel Seven’s Mark Stevens reported on Wednesday night that rival clubs were inquiring about Lloyd, with the Bulldogs showing a “keen interest”.
Lloyd played all 22 games for the Tigers in 2016, but has only played 15 games in the last two seasons.
The 28-year-old is an emergency for the Tigers qualifying final against Hawthorn.
Both players are eligible for free agency at season’s end, but both are set to sign new one-year deals with the reigning premiers.
Talks between the club and two players had been put on hold while the Tigers chased Tom Lynch.
But with Richmond seemingly winning the race for Lynch’s signature, the club has re-opened talks with the representatives of the two Premiership players.