The Magpies sent pick 34 and their future first-round selection to the Dockers in exchange for the 25-year-old, who has kicked 63 goals over the last two seasons.
“I’d like to thank Fremantle for my time at the club and for coming to an arrangement with Collingwood,” Schultz said. “Family is important to me and is one of the reasons I have decided to make the move back to Victoria.” Collingwood football boss Graham Wright said Schultz was an “exciting acquisition” for the Pies’ forward line.
“We feel Lachie’s football talent and forward craft combined with his speed, power, and endurance, make him an exciting acquisition for our football program.”
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