AFL.com.au understands Sewell's name was raised by the Hawks during Monday's trade talks to gauge opposition interest, but the midfielder is highly unlikely to leave Waverley Park.
Follow all the player exchange news in the Gillette Trade Hub
Essendon has been one club linked with Sewell, who will turn 30 in February next year, but its recruiting manager Adrian Dodoro told AFL.com.au the Hawk was not a priority but might be discussed once a new coach was appointed.
The Sydney Swans unveiled boom recruit Lance Franklin on Wednesday, but will now need to offload a few unlucky players to fit the former Hawk in their salary cap.
Tony Armstrong fits in that category after two solid years with the Swans, where he played good football at times but struggled to break into the Bloods' strong midfield.
Armstrong's manager Peter Lenton confirmed to AFL.com.au his client was on the trade table and that there was interest in the 24-year-old, who previously played in Adelaide.
The Swans have Jesse White looking to get to Collingwood, while, like Armstrong, Andrejs Everitt has been forced to assess outside options. There is also speculation highly rated defender Nick Smith could be returning to Melbourne.
Everitt's manager, Winston Rous, told Gillette Trade Radio there had been interest in his client from clubs both within and outside Victoria.
"[There is] a lot to still play out. He could still end up at Sydney as well," Rous said.
Collingwood has firmed as the favourite to snare Greater Western Sydney midfielder Taylor Adams.
Adams' manager, Rous, said the Giants are seeking a mature-age player in exchange for Adams, but if Collingwood received pick No.11 as compensation for losing free agent Dale Thomas to Carlton, that might get the trade done.
Rous said Geelong was still in contention for Adams but admitted the Magpies held more bargaining chips.
North Melbourne quickly refuted a report it had offered its second-round draft pick, currently No. 26, and key defender Luke Delaney for St Kilda midfielder Nick Dal Santo.
Carl Dilena told SEN's Morning Glory North's second-round pick was not on the table, saying the Roos' talks with the Saints remained at a "stalemate".
"If he's (Dal Santo) a free agent, they'll get compensation through the draft, but we weren't looking to give up other draft picks."
North's preference is for the Saints to agree to release Dal Santo as a free agent, but St Kilda has yet to decide whether it wants to part with the three-time All Australian.
It is understood St Kilda is trying to keep negotiations on Delaney separate from the Dal Santo talks.
Delaney's hopes of a quick passage to Seaford will fade significantly if he is in drawn into the complicated Dal Santo deal.
New Brisbane Lions coach Justin Leppitsch will meet with Brent Staker in the coming days in an attempt to convince the utility to re-sign.
The Lions met with Staker's management earlier this week, and the club is making every effort to retain the 29-year-old, who has been linked to Carlton.
One of the most active clubs during the Gillette AFL Trade Period, the Lions were set to meet with Hawthorn on Wednesday afternoon for further discussions on ruckman Billy Longer, who has nominated the Hawks as his preferred destination.
Lions national talent manager Rob Kerr said on Wednesday any trade for Longer would need to involve Hawthorn's first draft pick, currently No.18.
Kerr told Gillette AFL Trade Radio the Lions were keeping negotiations for Hawk Shane Savage secondary and separate to the Longer talks.
The Lions haven't given up hope of retaining James Polkinghorne, who has indicated to Leppitsch he is open to staying with the Lions.
Meanwhile, with Fremantle entering the race for Elliot Yeo, West Coast will likely need to lift its current offer of a third round selection (currently No.40) to snare the talented utility.
Kerr said the Eagles' initial offer had left the door open for the Dockers, who could offer their second round pick (currently No.33).
There has been little movement with delisted Geelong forward James Podsiadly, who has been linked most strongly to Fremantle and Carlton, but has attracted interest elsewhere.
The 32-year-old is preparing to meet with clubs, with his future likely to become clearer next week.
Shaun McKernan remains focused on a return to Melbourne but is no closer to finding a new home. Adelaide will gladly take the forward/ruckman back at the end of the trade period if he is still unclaimed.
Fremantle is not interested in Carlton big man Levi Casboult despite its continuing search for a tall forward. The Dockers are considering Essendon's Scott Gumbleton as well as Podsiadly.
Delisted Collingwood star Alan Didak's best chance of finding a new home now appears to be in next month's delisted free agency period.
Collingwood's hunt for a new sports science director is continuing and there are suggestions the Pies have poached St Kilda's high performance manager Bill Davoren.
Davoren, who remains under contract, has been with the Saints for 12 months but is believed to be exploring a move to be reunited with Magpies football manager Rodney Eade.
Before moving to St Kilda, Davoren spent four seasons with the Western Bulldogs, including 2009 when the club played in a preliminary final under Eade
