However, the Sounders GM did cede that the club has looked into bringing in the Croatian striker should one of its three DPs leave in the summer.
The fifth-year Major League Soccer club is aiming to win its first league trophy this season, and the team's front office has hinted that major moves, both incoming and outgoing, could take place as the summer European transfer window nears.
Team general manager Adrian Hanauer has confirmed to Goal.com that the Sounders have indeed had preliminary conversations with Bayern Munich forward Ivica Olic and his representatives. However, Hanauer admits that any possible move for a high-profile player would be contingent on the sale of one of the team's two Designated Player stars Fredy Montero or Alvaro Fernandez.
"We love Ivica. We think he's a fantastic player, hard working, prolific goal scorer. We think he'd be a very good MLS player," Hanauer told Goal.com. "Over the course of time, we have had conversations with his representatives but at this point we got our three DPs.
"At this point, it's not a current conversation."
"I think it's impossible to say no [to a big offer]," he said.
A transfer of Mauro Rosales, the club's third DP, is less likely. The Argentine only signed his new Designated Player contract this offseason and, at 31, is significantly older than both Montero, 24, and Fernandez, 26.
But before any potential sales happen, Hanauer would want a replacement that could make the team better.
"Even if we're not currently in the market, we want to know who is out there. Soccer is a global game and a player that might be on our team now might not be during the summer. We have to be prepared when those situations arise," Hanauer explained.
He added, "We love having Alvaro and Freddy and I think they are a part of what makes us successful. We will be extremely choosy and protective of letting those players go without a plan for our franchise."
Another thing that Hanauer clarified was the DP status of Fernandez. The Uruguayan hasn't always earned above the DP threshold, but due to a transfer fee to bring him in from Nacional he counted as one. (His pay bump in 2011, up to $366,666.67 per Players Union documents, takes him above the $350,000 cap this year.)
Hanauer said that Fernandez will remain a DP for the duration of his contract. However, Hanauer hopes that in the future the league could change its stance on including transfer fees in the overall salary cap number.
"It is what it is," Hanauer said. "On a league level, we do have discussions about those types of issues. I think the rule to couple the transfer fee with salary on the cap was a good one when it was first established. But just like the Designated Player rule, over the past four or five years, it will evolve like our league has."