Jack Billings and Adam Cerra's futures remain still firmly in the air as the duo head towards the free agency market.

Both Cerra and Billings could be set to depart their current clubs with Cerra looking ever more likely to return home to Victoria.

The 21-year-old midfielder has an offer on the table from Fremantle but is yet to decide on his future. Every passing day would be giving Fremantle fans and officials more reason to panic.

Billings is a bit of an unknown. There's no standout reason for him to leave the Saints nor is there a major reason for the Saints to let him walk.

MELBOURNE, VICTORIA - AUGUST 06: Jack Billings of the Saints celebrates his matching winning goal during the round 20 AFL match between the St Kilda Saints and the West Coast Eagles at Etihad Stadium on August 6, 2017 in Melbourne, Australia. (Photo by Michael Dodge/AFL Media/Getty Images)

But with Billings falling ever more behind some of the elite players of his draft class there's a sense both parties would benefit from a parting of ways.

Fox Sports reporter Tom Morris has given an update on the duo who have attracted outside interest. Morris is reporting that at least one big Victorian club are in the hunt for Cerra.

“He’s in limbo. Victorian clubs expect him to come home. They’re not quite sure where, but I think Carlton’s very much in the mix here. Freo’s offer is $750,000 across four years,” said Morris.

AFL Rd 2 - Fremantle v GWS
PERTH, AUSTRALIA - MARCH 28: Adam Cerra of the Dockers reacts after his team's win during the 2021 AFL Round 02 match between the Fremantle Dockers and the GWS Giants at Optus Stadium on March 28, 2021 in Perth, Australia. (Photo by Daniel Carson/AFL Photos via Getty Images)

Meanwhile, Morris believes there is still a lot of water to go under the bridge before any decision is made regarding Billings.

Morris says that the Saints will be weighing up what compensation they may be able to secure for the former number three draft pick.

“He’s in limbo. This depends on whether St Kilda can get a first-round pick as compensation or not in return," reported Morris.

"North Melbourne is where his good friend Luke McDonald plays, he went for Essendon when he grew up – but he’s not contracted for next year. So this still ha plenty more to play out.”

Cerra has been heavily linked with a move home all year with reigning premiers Richmond reportedly being keen to land the young star.

Peter Sumich said a few weeks ago that the Tigers were interested in bringing Cerra home.

“I’m hearing Richmond is into Adam Cerra without any trade [for out-of-contract Richmond forward Shai Bolton coming back the other way]”, Sumich told SEN WA Drive.

Meanwhile, SEN’s Sam Edmund said on SEN Breakfast recently that rival clubs have informed him Cerra is “highly, highly likely to come home to Victoria,” naming Essendon and Carlton as the two clubs with the most interest.