The 19-year-old is off contract at the Queensland Reds after next season and in the sights of NRL newcomers PNG Chiefs from 2028, while the Sydney Roosters are also reportedly in the hunt.
The strike backline weapon - capable of playing fullback, wing or in the centres - suffered a serious lower leg injury in an ugly tackle while playing in this month's U20 World Cup.
That scuppered any chance of the teenager being thrust into a senior Wallabies debut under new coach Les Kiss, who blooded him at Super Rugby Pacific level with the Reds this season.
But Rugby Australia boss Phil Waugh still sees next year's home World Cup as a realistic target and retention tool.
Keen to lock him in long-term, Waugh also considers Pritchard a potential rugby sevens Olympian and pointed to the fledgling Nations Championship as a fresh carrot.
"These are all opportunities rugby can offer that other sports can't," Waugh told AAP.
"He's a generational talent, we're very keen to secure him in our game for as long as possible.
"Look at the path ahead, a home World Cup and with Treyvon, the Olympics in 2028 wouldn't be out of the realms of possibility.
"And the Nations Championship has generated enormous interest around the world ... playing in the biggest arenas, in front of the biggest crowds in world sport."
Reds boss Sam Cordingley said rugby was "well-placed" to retain Pritchard, but a return to the club's November off-season tour of Italy was unlikely.
"I'm sure he would've been part of discussions (before the injury) and I daresay once he's back on deck those discussions will happen pretty quickly around where he sits in the Wallabies framework," Cordingley said.
"He's an elite talent, so I'm not surprised with the interest.
"I'm confident we're going to put our best foot forward to retain him."
The Reds, meanwhile, are trumpeting the signing of towering schoolboy lock Kaiya Tafea on a three-year development deal struck in partnership with the national body.
Auckland-born, Tafea moved to Gold Coast three years ago and has represented Queensland's U15 and U18s while attending The Southport School.
Still in year 11, the 16-year-old stands at 204cm - taller than both of the Wallabies' starting locks in their most recent Test - and weighs 125kg.
He said his idol had switched from the NRL's Jason Taumalolo to giant Wallabies lock Will Skelton.
"I see a bit of me when I look at Will," Tafea said.
"It's definitely one of my dreams to travel and play rugby.
"Rugby suits me. I feel I get more involved with the rucks, lineouts and stuff.
"I keep up with my academics as well. Dad reminds me that I haven't accomplished anything yet and he's right. That will come with hard work."