The AFLW’s wheeling and dealing period officially gets underway on Thursday, and the first overall pick is thought to be on the trade table.

The exchange window kicks off on Thursday, December 4 and runs until Wednesday, December 10, with a brisk turnaround to the national draft on Monday, December 15.

Follow all the latest AFLW trade happenings below.

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DECEMBER 4 – SAINTS, CROWS COMPLETE PICK SWAP IN FIRST DEAL STRUCK

Adelaide has sent its future first-round pick to the Giants for the 21st and 39th selections in the first deal of the trade period.

It gives the Crows a wide assortment of picks, No.14, 21, 32, 39 and 50, for the draft later this month.

Adelaide is set to further bolster its draft hand with Brooke Boileau and Zoe Prowse requesting trades to Carlton and Essendon respectively.

DECEMBER 4 — THE DEALS TO GO DOWN

A possible Fremantle-Melbourne deal for Eden Zanker could be the gateway to a blockbuster Pick 1 trade, with the Demons set to arm themselves with as many as three first-round picks.

Zanker, whose eye-catching campaign for the Demons was headlined by 22 goals, could net the Dees two first-round picks, adding to the one they already hold.

Melbourne is coming off a preliminary final berth but has been linked to the Suns’ no.1 pick in hopes of further bolstering its list.

But rebuilding Richmond is considered just as likely, if not a bigger candidate, to make a bold trade move for the top draft selection — currently holding the fourth and 22nd choices.

If it’s the Tigers, Gold Coast could then move down further from the no.4 slot if it wanted to accumulate more matching power as it looks to swoop on its highly-touted Academy talents, headlined by Sunny Lappin.

AFL Media’s Riley Beveridge reports Richmond is “now viewed as the favourites to land the no.1 pick” from the Suns.

Adelaide has publicly declared its interest in making a move for the no.1 choice, while St Kilda and the Western Bulldogs have also been linked.

READ ALSO: Mega AFLW trade & draft state of play

Meanwhile, Essendon is set to bring in another first-rounder in a pick swap with St Kilda, with Picks 13 and 49 going the Bombers’ way in exchange for Picks 24, 42 and a future second-rounder.

Two-time Brisbane premiership star Taylor Smith has requested a trade to Sydney, while Adelaide young gun Zoe Prowse has opted to join Essendon after interest from multiple clubs.

It comes after the Bulldogs’ Kristie-Lee Weston-Turner nominated back-to-back premiers North Melbourne as her preferred destination, while the Dogs are set to trade in Collingwood midfielder Mikala Cann, and Grace Egan is expected to land at Adelaide after Richmond told her to explore her options.

EVERY COMPLETED DEAL

Thursday December 4

1. GWS Giants get a 2026 first-round pick (tied to Adelaide). Adelaide gets Picks 21 and 39.