The 20-year-old Caldwell is expected to sign a three to four year deal with the bombers Age.
St. Kilda had also shown keen interest in the midfielder, but her hopes of luring Brad Crouch from Adelaide made it too difficult to add the Giants youngster.
The number 11 in the AFL Draft 2018 played eleven games for the Giants after making its debut in 2019.
For the bombers, Caldwell’s arrival will be a practical coup as the club will lose Joe Daniher, Orazio Fantasia and Adam Saad during that trading period.
Caldwell’s anticipated exit puts the Giants in a deeper hole after star striker Jeremy Cameron announced his intention to leave the club for Geelong.
Zac Williams, Aidan Corr and Jackson Hately will also be leaving Greater Western Sydney after announcing their early departure.
Giants general manager Jason McCartney confirmed the news in a statement Tuesday.
“Jye told us he would like to return to Victoria,” said McCartney.
“We will now work on enabling a deal that will bring our football club a strong result.”
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