Collingwood have made a bold offer to bring their former premiership star Dayne Beams back to the club from the Brisbane Lions, with a trade expected to go through before Wednesday night’s deadline.

The Lions have thus far spurned Collingwood’s offer of this year’s first round draft pick, selection 18, and a future second rounder for the gun midfielder, who was the Lions’ co-captain until mid-season.

The Lions have so far rejected the offer for Dayne Beams. Credit:AAP

While Brisbane have rejected that offer, the clubs are now in meaningful discussions with it becoming more probable that a deal could be done involving Collingwood’s first pick and a future pick - possibly their first-round pick - with potentially a pick or picks coming back Collingwood’s way along with Beams.

Brisbane have placed a high price on Beams, and the Lions believe that it is most likely too late for them to consider involving any Collingwood players as part of a trade deal, which remains a strong chance to be completed by the deadline.