Sonny Bill Williams will likely return to Toulon on a short term contract after the Olympics, according to French newspaper sources.
L'Equipe has reported that Williams is seeking the deal, allowing him to head back to New Zealand in time for All Black consideration against the British and Irish Lions in June next year.
Williams manager Khoder Nasser met with Toulon owner Mourad Boudjellal, and the Montpellier club is also an option.
Boudjellal said: "I have no idea whether he is going to come or not and I can only confirm that the world champion has lots of choices.
"If it is just about the money, then he won't be coming to Toulon.
"But if it's a love story, he will find his way back to the RCT (Toulon). It is the choice of the player where he goes and to date there is nothing sorted."
L'Équipe also reported that Williams said no to joining Dan Carter at Racing 92.
In January, Australian media were talking up the chances of Williams returning to the NRL next year after his former club Sydney City Roosters stepped up offloading players to free up its salary cap.
The Sydney Daily Telegraph speculated that the money saved by parting ways with State of Origin and Australian centre Michael Jennings will allow the Roosters to sign either Williams or Jarryd Hayne for the 2016 season.