MELBOURNE'S first pick at this year's NAB AFL Draft is up for grabs, with the Demons open to trading the selection.

The Demons' dreadful season saw them finish second-last on the ladder and with the No.2 draft choice.

>> FULL INDICATIVE DRAFT ORDER BELOW

However, that could be pushed back to No.3 overall with clubs believing the AFL will hand Gold Coast a priority pick at the top of the draft, essentially seeing the Suns hold the No.1 and No.2 picks. The Suns presented to the AFL Commission on Tuesday. 

Find Road to the Draft on Apple Podcasts, Google Podcasts and Spotify.

AFL.com.au understands the Demons have told rivals they would be interested in turning their top pick into multiple selections, otherwise known as 'splitting' it.

The club has been creative with its first selection at the draft in years gone by.

In 2013, they used pick two in the draft to land pick nine (Christian Salem) and Dom Tyson from Greater Western Sydney.

Christian Salem has played 90 games in six seasons. Picture: AFL Photos

Two years later, they moved up the draft board by offloading a future-first rounder to Gold Coast in exchange for pick three (which was used to draft gun midfielder Clayton Oliver) amongst a complex deal. 

In 2015, the Demons also used the then-incoming points system to smartly work with the Academy clubs to secure an extra top-10 pick.

Again the Demons are looking at their options, including moving back in the order but bringing in an extra selection to add to their draft hand.

While the Suns are considered likely to draft Victorian midfield pair Matt Rowell and Noah Anderson if they are given an extra draft choice, there would still be a number of talented options available at No.3 – for the Dees if they keep it, or a rival if they offload it.

Noah Anderson and Matt Rowell are expected to be the top two picks. Picture: AFL Photos

Classy half-back Hayden Young, powerful midfield/half-forward Caleb Serong and Greater Western Sydney Academy ball-winner Tom Green are among the other highly-rated prospects in that range, although the Giants will be able to match a bid for Green.

PHANTOM FORM GUIDE Which young guns are rising the ranks?

Adelaide and St Kilda, who also hold top-five picks, have also informed clubs they are willing to do 'two-for-one' deals with their respective first picks at the right price.

Brisbane, which has two top-20 selections, is a club looking to get up the order, while the Giants, who have two first-round picks (including one tied to Essendon's finishing position) is another. 

Melbourne's first pick in this year's draft was up for grabs last year, when the Demons looked to move up the order with live trading.

The Dees started their draft night last year at pick 27, but were looking to get into the action earlier, with an interest in crafty forward/midfielder Zak Butters.

They would have needed to trade their future 2019 first-round selection to push into last year's group to nab Butters, but no deal was done and the Power grabbed the exciting youngster.

Indicative draft order after round 23

AFL DRAFT VALUE INDEX