Collingwood insists it will only trade Travis Cloke should a suitable deal be brokered but the Magpies will do their best to grant the premiership forward his wish.

Industry sources suggest a late second round or third-round draft selection shapes as the likely deal for Cloke, after he ended months of speculation on Tuesday and confirmed he wanted to quit the club.

Cloke has a season to run on his five-year contract although, as he has failed to meet clauses, his salary next year is expected to be slashed from about $800,000 to $400,000.

The average wage of an AFL player was $302,000 in 2015, with Cloke still regarded as deserving more than that.