Greater Western Sydney will closely consider the option of recruiting Richmond's out-of-contract youngster Dustin Martin, who can walk to the Giants in the pre-season draft.

Sources have confirmed that the Giants are talking to the Martin camp this week. The midfielder has been unable to reach agreement with Richmond about a new contract and the Tigers went public on Monday with the news that he was fielding offers from other clubs. Martin went on social media later in the day to say that he had not walked out on the club.

Martin has been offered close to $500,000 a season in his next contract by the Tigers, who released a statement on Monday expressing disappointment in the stalemate.

GWS can use its No.1 pick in the pre-season draft to recruit Martin, rather than having to recruit him via a trade.

The Tigers have been mindful of their tight cap and payments structure in dealing with Martin, who has been a high-maintenance player for the club in his four years at Punt Road.

"Given the considerable effort we have put into Dustin's development both on and off the field, and our efforts to retain him all season, we are extremely disappointed with this decision," Richmond general manager of football, Dan Richardson, said in a statement on Monday. "We are proud of the way Dustin has developed as a footballer and as a person in his time at Richmond, and we have been steadfast in our view that he is a required player who has an exciting football career ahead of him.

"However, we understand the business of football, and Dustin's right to pursue other opportunities.

"We have also stated previously that we are determined to adhere to our payment strategy for all of our players.''