Dawson has nominated Adelaide as his preferred destination. However, the Crows' draft hand means negotiations may well drag out.
The Herald Sun is reporting that Sydney is asking for an early first-round draft pick for the classy left-footer, with Adelaide holding pick four in the first round. However, the Crows won't be parting ways with that selection.
Adelaide currently hold picks 4, 23, 37, 44, 62 and 66. And with pick four off the table, it seems none of the other selections will appease the Sydney hierarchy.
The report states that Sydney is using past deals to justify their valuation of Dawson who had a breakout season in 2021.
The Swans have identified the two first-round picks Adelaide received for Jake Lever as well as Carlton's trading of pick eight for Adam Saad and Adelaide again landing pick 12 for small forward Charlie Cameron as the precedents used to out such a high price on the acquisition of Dawson.
The report goes on to state that the 24-year-old will be signing a five-year, $650,000 per season deal.
Sydney made it clear from the start that Adelaide would need to make a very attractive offer, with the Swans putting a lucrative contract to Dawson to remain in the harbour city.
Adelaide may be forced to bundle several picks together in order to acquire a selection that will appease the Swans.
The situation could see a third club brought into discussions in order to reach an agreement.
Any deal between Adelaide and Sydney is expected to come later in the trade period which ends on Wednesday, October 13.