Meanwhile multiple National Football League teams, most prominently Thomas' home-state Dallas Cowboys, have not come close in meeting the Seahawks' demands for a first-round draft choice, another high-round pick and perhaps a veteran player.
Earlier this month, writing for The Players' Tribune, Thomas said that he deserves to be paid accordingly as the only "Legion of Boom" mainstay still on the team.
"Father Time may have an undefeated record but best believe I plan on taking him into triple overtime when it comes to my career", Thomas wrote. But the source stressed the team is comfortable enough with what's in place at the moment that it won't offer Seattle more than a second-round pick for the 29-year-old safety.
With Thomas now reporting to camp, a potential trade could be dormant.More news: Flake Previews Questions For Kavanaugh On Trump's DOJ Bashing
Seattle has not wanted to give Thomas an extension, apparently as part of its "retooling" that also saw the team move on from the likes of Richard Sherman and Michael Bennett, wanting Thomas to play out the final year.
Schefter's report is the first evidence of Seattle being offered at least a second-rounder for Thomas, who will turn 30 next May 7.
Thomas has since reported to the Seahawks, but he still doesn't appear to be thrilled with his situation.
The last time these two teams faced, Peyton Manning and the new-look Broncos defense went to Seattle and forced overtime where Marshawn Lynch capped off a thrilling game with a walk-off touchdown run.
However, coach Pete Carroll made it abundantly clear the Seahawks don't intend to trade Thomas now that he's returned from his holdout.