The exact role Fyfe will play as he continues his campaign remains a mystery.
Freemantle want Fyfe to become a full-time striker this year, but manager Justin Langmuir is now willing to bring the 31-year-old back into midfield to help with the club’s clearance and disputed possession issues.
Whether Fyfe is ready to play in a midfield role in his first game back remains to be seen, but the cut of Will Brodie has opened the door for the former captain to make a difference there.
Walters praised Fyfe for his leadership this year.
“Even if he wasn’t captain or a member of the leadership team, his leadership across the club, every day, was unreal,” Walters said.
“He’s been teaching those midfielders little tricks here and there to make them better.
“But also coming forward, he’s just a sponge.
“He’s been trying to learn as much as he can. Even though he’s been here 14 years, he’s still trying to get better.”
Hawthorn (1-6) enters Saturday’s clash without Changkuoth Jiath (management) and Luke Breust (management), while last week’s debutant Max Ramsden was eliminated.
Former longshoreman Lloyd Meek has been named to his former club, while Conor McDonald and Jack Scrimshaw have also been added to the 22-man list.
Freemantle welcomed Michael Frederick back from an adductor injury and had spearhead Josh Tracy recalled.
Matthew Johnson withdrew due to suspension, while Brody and Sam Sturt were cut.