Victorian clubs inquiring about the services of new Fremantle captain Nat Fyfe have been told they would have to pay more than $1.2 million a season to lure him away from Western Australia.

The Brownlow medallist, who is out of contract at the end of the year, will be the most hunted player in the league, despite being named as David Mundy's successor as captain last week.

$1.2 million man?: Fremantle Docker Nat Fyfe. Credit:Getty Images

While several interested Melbourne clubs believe Fyfe is now more likely to remain at Freo , that hasn't impacted on the level of interest in the star midfielder.

Fyfe is adamant that he will wait until later in the year to consider his future.