The question of whether the world's fastest man Usain Bolt will appear at this year's AFL Grand Final is no closer to being resolved.

Not even AFL boss Andrew Demetriou knows, although he is sure of one thing - the league will not hand over a reported $400,000 appearance fee.

"I don't know," Demetriou said on Tuesday.

"I keep hearing that Usain Bolt is coming but I just want to make sure everyone understands ... we're not paying any such money.

"We wouldn't pay that sort of money in this financial environment.

"I think there are a number of people interested in bringing Usain Bolt out and if that was to eventuate it would be a shared cost amongst a few."

But two former AFL stars are confirmed starters for the biggest day of the season.

Carlton premiership coach John Nicholls will present the Jock McHale Medal to the winning grand final coach and 1991 Norm Smith medallist Paul Dear will present the Norm Smith Medal to this year's best on ground in the Grand Final.

Former Essendon player Ted Fordham, who topped the VFL goalkicking in 1966 with 73 goals, will present the John Coleman Medal to this year's winner - Carlton's Brendon Fevola.

Nicholls coached Carlton to their 1972 Grand Final win over Richmond as captain-coach and was named an inaugural Legend of the Game in 1996.

Dear played 123 games for Hawthorn between 1987-1996, winning the Norm Smith Medal in the Hawks' victory over West Coast at Waverley Park in 1991.

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