If the NRL agree to allow the Bulldogs to retire Foran, he will still be paid out the full amount of his contract.
However, the financially-strapped club would benefit, as his wage would not be included under the salary cap, freeing up some much-needed cash for next season.
Foran's manager Sam Ayoub denied the Bulldogs were eager to retire his client and insisted the club had not raised any concerns over his ongoing injury struggles.
"No, not at all. There's nil truth to that," said Ayoub.
"Every footballer has a battered body but some play tougher than others. He's running on par with how the team's running."
The Bulldogs are struggling to get themselves out of salary cap trouble after former coach Des Hasler signed several big name players on heavily back-ended contracts.
The situation has already forced the club to release twins Josh and Brett Morris to play in the UK Super League next year, while fullback Moses Mbye and front-rower Aaron Woods could make respective mid-season moves to Wests Tigers and Cronulla.
To get the day's top sports stories in your inbox, sign up to our newsletter here