The Nigeria international joined Leicester from CSKA Moscow in the summer of 2016 for a transfer fee reported by BBC Sport to be worth £16 million.
Musa failed to make a massive impact at the King Power Stadium last season, as he could make only seven starts in the Premier League and scored just two goals.
West Brom could do with a new attacker ahead of the 2017-18 Premier League season, but Musa’s performances last season, it would be a huge gamble on their part to sign him.
The Baggies will be aiming to finish in the top 10 of the Premier League next season, and so will Leicester.
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