The Sydney Swans veteran, an unrestricted free agent at season’s end, has played just four games this year after being dropped in round four.
O’Keefe’s management confirmed to The Footy Show the dual premiership player was set to look elsewhere for 2015.
“Ryan will be exercising his right as a free agent. His body is sound, he loves footy and he's not ready to hang up the boots,” Darian Lobb of MVP Management said.
“He wants the opportunity to play at another club.”
O’Keefe, 34 next January, has played 10 reserves matches in the NEAFL this year, averaging 29 disposals.
He has played a minimum of 22 games in each of the previous 10 seasons before this year.