Andrew Lovett's move to St Kilda has sent Port Adelaide and Hawthorn back to square one as they negotiate an AFL trade for Shaun Burgoyne.

A few hours after the Power and Hawks met again on Tuesday, the Saints announced they had sealed the trade with Essendon.

The Bombers will receive St Kilda's first-round draft pick, No.16, in return for Lovett.

Port had left their latest meeting with Hawthorn hoping they could entice Lovett and then set up a three-way trade with Essendon that would also send Burgoyne to Hawthorn.

It is understood not having to move interstate was a major factor in Lovett deciding to go to the Saints.

While St Kilda beat Port and Brisbane for Lovett, Hawks football manager Chris Pelchen remains confident they can engineer a trade for Burgoyne.

Hawthorn are Burgoyne's preferred destination and the former Power onballer is arguably the biggest name on the market in trade week, which ends on Friday afternoon.

Asked if the deal was doomed unless a third club became involved, Pelchen replied: "I don't believe that - the conversation today with Port Adelaide was in person, it was over a couple of hours, it was amicable.

"They're understanding of the fact that a deal is preferential to them, in the sense that (they receive) some compensation for Shaun's movement against putting through a draft, where they receive no compensation," he said.

"Any suggestion that discussions have got tense or terse would be incorrect.

"Both clubs are open-minded as to whether a third party can be introduced."

Hawthorn and Port remain at an impasse over the Burgoyne trade, which would involve the Hawks' first-round draft pick at No.9.

The Power also want a Hawthorn player involved in the trade, but the Hawks have rejected all their bids.

"They're still open-minded in terms of players they're pursuing from us, there hasn't been any great movement in discussions that way," Pelchen said.

The Lovett trade came a day after Saints midfielder Luke Ball told the club he wants a trade to Collingwood.

"We are very pleased to have secured someone of Andrew's talent," Saints coach Ross Lyon said in a statement.

"With immense skills and great speed, we have no doubt that Andrew will prove a solid contributor to the St Kilda team.

"We look forward to welcoming him to the club."

The trade means Essendon will have picks 10, 16 and 26 in the national draft.

"(The trade) places us in a very strong position to recruit some talented young players to Windy Hill," said Essendon football manager Paul Hamilton.

"This trade fits in with our overall list management strategy.

"We have been committed to bringing through a young group of players for the past two years - and had three Rising Star nominations this year - and we are staying true to that plan.

"We believe this is one of those trades that is a good outcome for all parties."

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