STAR forward Jamie Elliott has turned down interest from Gold Coast to re-sign with Collingwood for a further two years.

Elliott kicked a career-high 60 goals this year and the unrestricted free agent was weighing up a three-year offer from the Suns.

The Magpies weren't willing to offer the 33-year-old more than a two-year deal, and Elliott ultimately decided to re-sign at Collingwood.

"Collingwood has been my home for the past 14 years and I can't wait to continue running out in front of the Magpie Army," Elliott said.

"Celebrating my 200th game earlier this year, surrounded by my family and teammates, will be something I'll never forget.

"I'm incredibly proud to be a Collingwood person. I look forward to seeing what we can achieve as a team over the coming years and creating many more memories."

Elliott has kicked 347 goals over 219 games, and his signature is important as Collingwood attempt to keep the bulk of their squad together.

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Key forward Brody Mihocek, who is also an unrestricted free agent, is weighing up an offer to join Melbourne.

AFL.com.au's Cal Twomey believes if Mihocek hasn't re-signed with the Magpies before the club's best-and-fairest night on Friday, it will strongly indicate that he will head to the Demons.

"I think it's heading towards him moving to Melbourne on that free agency deal, Twomey said on Gettable Trade Desk.

"He can move there as an unrestricted free agent, which means no trade has to be secured.

"That's the way it's favoured at the moment."