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Witts, who is from New South Wales, looms as an obvious trade target for the Giants to help support first-choice ruckman Shane Mumford.
But the Pies are set to open fresh contract talks with Witts to extend his stay at Westpac Centre beyond the end of next season, putting the 209cm big man off-limits.
Treloar has made clear to the Giants that he wants to stay up north and help guide the fledgling club to finals in coming years.
But the fast-rising Giants appear unable to match the attractive terms being offered by Richmond and North Melbourne, likely forcing Treloar to move home.
GWS has little room to move in its salary cap after tying up a clutch of young stars including star spearhead Jeremy Cameron and classy on-baller Dylan Shiel.
For Treloar to stay at Greater Western Sydney, he would have to accept considerably less than he is worth on the open market.
The Tigers have confirmed they have built a war chest in recent years to make a strike at a prime midfielder, such as Treloar, and top-off their premiership tilt.
Richmond list guru Blair Hartley said in November the Tigers would “hopefully have the space to attack the (player) market in the next two or three years”.
North Melbourne coach Brad Scott said the Roos would also look at their trade options.
“Potentially this year we look at some trading opportunities because of the platform we have been able to build over the last seven or eight years,” Scott said.
From Dandenong Stingrays, Treloar finished fourth in the Giants best and fairest last season.
He has averaged 28 possessions and almost one goal a game this year and is considered one of the best under-23 year old midfielders in the game.
The Giants could put a premium on first-round draft picks to bolster their ability to secure academy products Jacob Hopper and Matthew Kennedy under the new points-based draft system.
GWS wants to secure both youngsters without going into a points deficit next year, forcing their first pick in next year’s talent pool down the order.
