Essendon are reportedly happy to see Giants young gun Jye Caldwell head to the pre-season draft after their straight swap offer for a future second-round selection rejected by GWS.

Caldwell, 20, requested a move to the Bombers last month, with GWS and Essendon hoping to land a deal that will satisfy both parties.

According to SEN's Sam Edmund, the Giants could be left with nothing if they let their prized midfielder walk to the pre-season draft following a rejected bid.

In a significant development, Edmund said Caldwell could land up making his way to the Bombers through the pre-season draft if the two clubs can’t agree to a trade, leaving the Giants with nothing.

“Essendon has offered a future second round pick for Jye Caldwell,” he said on AFL Trade Radio’s Trade Afternoons.

“GWS has told Essendon they want more, Essendon are now saying take it or leave it, and if you leave it then 'we’ll walk Caldwell to the pre-season draft'.

“A future second is not a bad pick … it just happens that the club is at the centre of so many deals.”

The Bombers could be placed in a similar position as the Giants, with the Blues potentially holding out to strike a deal for Adam Saad.

Jack Martin was able to walk to Carlton 12 months ago via the pre-season draft after leaving the Suns.