Crisp, who was keen to return to Victoria after three seasons with the Lions, has been packaged in the offer with selections No.5 and No.25 in the upcoming NAB AFL Draft.
AFL.com.au understands Crisp has visited the Westpac Centre and a deal is imminent three days after the Magpies' deadline for negotiations passed.
Collingwood took a hard stance on the Lions' push to land Beams, who has one year to serve on his contract, declaring negotiations had ceased at 5pm last Friday.
The inclusion of Crisp, however, who played the final six games of the season and showed encouraging signs, appears to have forced a rethink from the Magpies.
Although relatively unknown, the 190cm Victorian has good endurance and arguably provides another element to the Magpies' midfield mix.
Collingwood has been keen from the outset to find a ready-made player as part of the trade to replace Beams, and they are expected to use pick No.25 to secure midfielder Levi Greenwood from North Melbourne.
Although the Kangaroos retain some interest in Cats speedster Travis Varcoe, Collingwood has emerged as his most likely new home.
The Magpies currently lack the space to fit Varcoe under their salary cap, however, and will only be able to trade for him if they finally sign off on the Beams deal.
If the Pies hold onto Beams, Varcoe could remain at Geelong next season to serve the final year of his existing contract.
On a dramatic day that saw GWS forward Tom Boyd request a trade to the Western Bulldogs – and the Bulldogs propose a straight swap for their captain Ryan Griffen – a number of other deals developed.
Jonathan Giles looks set to decide on his preferred new home early this week, with the Greater Western Sydney ruckman set to choose between Adelaide and Essendon.
Giles struggled for opportunities behind Shane Mumford in the second half of this season, and his decision will be influenced by the role the Crows and Bombers seeing him playing in 2015.
The South Australian is contracted at GWS next season, but the Giants are prepared to release him if a suitable trade can be reached.
Gold Coast remains interested in Hawthorn midfielder Mitch Hallahan and is set to meet with the Hawks in the coming days to discuss a possible trade.
However, Hallahan is contracted to the end of 2015 and has indicated he would prefer to stay at Hawthorn.
Hawks key-position player Ryan Schoenmaker also indicated at the start of the trade period that he was prepared to stay at Hawthorn and fight for a senior berth despite the arrival of free agent James Frawley at Waverley.
The Hawks have subsequently indicated they are willing to trade the South Australian, with reports linking him to Adelaide and Fremantle.
AFL.com.au understands the Dockers are unlikely to trade for Schoenmakers.
Daniel Merrett looks set to remain at the Brisbane Lions after initially being open to a trade.
After an early inquiry from the Western Bulldogs, opposition interest in the key defender has waned and the Lions have all but ruled out a trade.
Merrett is contracted to the Lions to the end of 2016 and becomes an even more important player for them with fellow key defender Joel Patfull's departure to Greater Western Sydney.
It is understood there has been no progress in talks between Melbourne and Richmond over a trade involving former Demons captain Jack Trengove.
The potential deal would involve Trengove and the Demons pick No.23 being sent to Punt Road in exchange for the Tigers' first-round selection, No.12 overall.
It is understood talks did not progress over the weekend or on Monday.
A deal to send Kristian Jaksch from GWS to Carlton appears imminent, with the clubs just waiting on young midfielder Mark Whiley to agree to join the Blues.
Whiley has attracted attention from a number of clubs and emerged last week as a key component of the Blues' pitch to land Jaksch.
It is expected the Giants will send both Whiley and Jaksch to the Blues in a deal that would see Carlton swap its pick No.7 for the Giants' pick No.19.
The Giants would then hold picks No.4 and No.7, which would give them a good basis to make another big play in the final days of the Trade Period.
