The batsman missed the side’s final two home and away matches after coming down with appendicitis.
“He’s absolutely no chance but we’re hoping he can travel over in his coaching capacity and contribute in that way,” Renegades Coach Andrew McDonald said.
“We’ve had some moving parts this year – we’ve had Australian selection, we’ve had some injuries and ‘Hodgey’ was named to be captain and then came down with appendicitis.
“But some of the young players have really stepped up at late notice – Beau Webster, Matt Short – we always pride ourselves on our depth.
“If ‘Hodgey’ was to make a miraculous recovery he may be available for the final.”
The Renegades will be forced to make at least one change to the side that defeated Brisbane Heat last Saturday.
After taking eight wickets in his last two games, Kane Richardson has joined the Australian squad for their T20 tri-series.
Cameron White is available for the Renegades after returning from one-day duties.
Friday night’s match marks only the Renegades second finals campaign.
“They’ve done very well to qualify with a 6-4 record and to get to third position is probably what we hoped for at the start of the season,” McDonald said.
“But now the real stuff starts.”
The Strikers defeated the Renegades at Etihad Stadium just eight days ago in the sides only meeting this season.
But the Renegades emerged victorious when the sides last met at Adelaide Oval last season.
“We’ve got a lot of South Australians within our structure and it’s just a great place to play cricket,” McDonald said.
“Any time that people look forward to playing at a venue it tends to bring out the best in them … albeit the crowd’s pretty noisy and parochial.”