At 35, the Bournemouth hitman is arguably already past his best, but he has kept himself in fantastic shape, and he still has a lot to offer at the very highest level.
Defoe will guarantee you goals at whatever level, and he would be an excellent addition to Nuno Espirito Santo's squad ahead of their return to the Premier League.
He has scored 242 in 630 career appearances, and considering the fact that aside from Tottenham he has never played for a so-called big club, that is a very impressive return.
The 57-capped former England international would offer Wolves an entirely different option through the middle, and the threat that he possesses inside the penalty area would undoubtedly help them improve upon the potency of their play in the final third.
The London born striker is still under contract with the Cherries for another two years, and whether they would be willing to sell him to a direct Premier League rival is questionable.
Wolves possess plenty of financial firepower, though, and they should test Bournemouth's resolve nevertheless.
If Nuno does manage to bring Defoe to Molineux, it could turn out to be an inspired signing for the Black Country outfit.