The central midfielder is attracting plenty of interest this summer with both Chelsea, Arsenal and Manchester United all linked with a move for the player.
While the Seagulls are open to selling at the right price, the south coast club will only allow the player to leave if their valuation is met.
talkSPORT revealed that Brighton believe Caicedo to be just as valuable as the in-demand Declan Rice, with West Ham commanding a fee in excess of £100million for the England star.
That means that should anyone be looking to strike a deal for the Ecuador international, they'll have to pay top dollar.
Brighton aren't just looking to fend off interest in their own stars though, with the club considering a move for Mohammed Kudus.
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talkSPORT understands that Roberto De Zerbi is very keen on the Ajax star and could bring him to the Premier League as a replacement for now-Liverpool man Alexis Mac Allister.
The 22-year-old Ghana international shone for the Dutch giants last term, bagging 18 goals and seven assists in all competitions.
A central midfielder by trade, Kudus has also played as a number 10, a right winger and a centre forward during his time at the Johan Cruyff Arena.
It would be a huge coup for Brighton to land him with Arsenal and Manchester United also linked.
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The Seagulls also retain strong interest in Levi Colwill, who spent last season on loan at the club from Chelsea.
New Blues boss Mauricio Pochettino is keen for him to remain at the club.
Abdallah Sima, Brighton's 22-year-old forward, is also set to join Rangers on loan.