So far, the Argentine has played in 16 games for the Tshwane giants, where he has scored two goals and provided one assist.
Masandawana have already confirmed the departures of Rivaldo Coetzee, Sipho Mbule, Lucas Suarez, Lebohang Maboe, Sifiso Ngobeni, Thabang Sibanyoni, Sanele Tshabalala, Kobamelo Kodisang, and more could leave to create space for expected new signings.
The PSL champions have signed Fawaaz Basadien from Stellenbosch FC in a bid to strengthen the backline.
Meanwhile, Esquivel is not the only player whose future has attracted speculation; Lucas Ribeiro Costa, Peter Shalulile, and Khuliso Mudau have also been linked with exits.
Terrence Mashego and Thapelo Maseko, who did not travel to the FIFA Club World Cup, are also sitting on the edge.