The Kings will extend the qualifying offer to Jason Thompson to make him a restricted free agent.
Thompson would receive a salary of approximately $4.1 million if he ends up accepting if he doesn't sign a multi-year offer.
Sacramento is most likely to keep Thompson out of their 2012 free agent lot.
Donte Green and Terrence Williams will also be free agents.
"I can't predict the future, but for now it's clear they want me to stay here," Thompson said.
Thompson began the season behind Chuck Hayes and J.J. Hickson on the depth chart, but his consistency eventually won him the job.
"Who knew what would have happened at the start of the season?" Thompson said. "Us signing Chuck, trading for J.J., having Cuz (DeMarcus Cousins) already on the team and maybe re-signing Sammy (Dalembert), and all that type of stuff. … I never put my head down and never tried to let it show on the court. I just tried to go out there with an open mind and be solid."