The Swiss international has attracted a vast array of plaudits in recent weeks for his outstanding run of goalscoring form for the German strugglers.
It has been widely reported that the Swiss international has a €3.5m release clause inserted into his contract should the top-flight outfit be relegated, but after his matchwinning double in a crucial win over VfB Stuttgart in midweek, he has strengthened his side's credentials in beating the drop.
Drmic has shot to prominence after just one season in Germany, having scored a stunning 15 goals - a tally bettered only by Bayern Munich's Mario Mandzukic, Bayern-bound Borussia Dortmund striker Robert Lewandowski and Adrian Ramos, the Hertha Berlin striker expected to replace the Pole this summer.
The 21-year-old also received his first international call-up at the start of March and capitalised fully to score both goals in a 2-2 draw with Croatia which leaves him a surefire bet to be in the World Cup squad in Brazil.
But it has been his Bundesliga form which has garnered the most admiring glances from around Europe, Arsenal and Everton included, having scored nine goals in 10 appearances in 2014, something only three players from the top five European leagues can claim more of this calendar year.
His contract runs until 2017 but one or two decent showings in Brazil this summer and his queue of suitors will only increase; Arsenal want to close a deal swiftly, it is to be assumed.
And Honigstein has increased their hopes of prising him away from Germany after revealing his price tag in his BT Sport column.
"As a young and relatively cheap option - Drmic would probably be allowed to leave for a fee in the region of €7m if the club stay up - the striker fits the bill as an understudy to Olivier Giroud, and his experience on either flank would be appreciated by the Gunners."
But Honigstein did not rule out the possibility of Arsene Wenger's side's reputed interested merely being a ploy on behalf of agents in Germany in ramping up the interest from within the Bundesliga.
He added: "There’s also the less sensational possibility that someone briefed about the alleged enquiry from Arsène Wenger to push the interested Bundesliga clubs into making an offer.
"Drmic is being advised by the same agency who look after Marco Reus (Dortmund) and Bayern Munich’s Toni Kroos and Mario Götze.
"It’s fair to say they know how to play this game, just as well as their clients do."