Late last season Tyson, 19, was heavily linked with a move home to Melbourne to join the Tigers.
Amid reports he was homesick, the third pick in the 2011 NAB AFL Draft was the only one of the Giants' record eight Rising Star nominees who didn't extend his contract in 2012.
Out of contract this season, Tyson ultimately resisted the overtures from Tigerland and has extended his deal with GWS until the end of 2015.
"I was tempted, yeah. That's a fair statement," Tyson told AFL.com.au.
"Being a Richmond fan growing up, I always dreamt of playing for Richmond.
"I think they approached my management and I gave it a bit of thought, but it didn't consume me or anything, I was more than happy to stay up here for another two years.
"I knew I had unfinished business here."
Jonathon Patton, Will Hoskin-Elliott, Andrew Phillips and Sam Frost have also extended their contracts until 2015, with Curtly Hampton and Aidan Corr committing to the end of 2016.
Tyson admits he initially had trouble settling in Sydney, which was driven by an inability to produce his best football.
A mixture of back, foot and form issues limited the former Trinity Grammar and Oakleigh Chargers representative to 10 games in his debut season.
But he has moved out of Breakfast Point to a place in nearby Concord with teammates Steve Coniglio and Setanta O'hAilpin and is aiming for a mid-season return from his posterior cruciate and medial ligament injury.
"It's probably natural when you move away from home, it takes a little while to settle in," he said.
"I had injuries last year. When you're up in Sydney solely to play footy, and you're not playing, then things go through your head.
"This year I'm more settled so I can cope with injury better.
"I've got people around me who have done the same thing. I live with Setanta O'hAilpin, who is coming off an ACL, and he's been a big influence on myself.
"I feel I haven't shown my best footy yet and that's something I really want to do and I want to do it here with these guys."
Naturally, coach Kevin Sheedy expected other clubs to try to snare some young Giants.
"They've got every right to say 'do you want to come back to Melbourne'," he said.
"But at the moment, no one wants to leave, and that's a recipe for success."
And Tyson now feels right at home among his talent-laden teammates.
"Everything seems to fit right now," he said.
"The club did everything right in terms of my knee; the best surgeon, proper time to rehab and some time in Melbourne.
"I've had two injury-interrupted years and the club was still happy enough to offer me a good two-year contract.
"So I thought it was good to give something back."
James Dampney is a reporter for AFL.com.au. Follow him on Twitter: @AFL_JD
Dom Tyson is a midfielder in AFL Fantasy. He averaged 62 points in 2012. Register your team at our AFL Fantasy hub.