Billy King, the general manager of the Philadelphia 76ers since May 19, 1998, and the combination president/general manager since May 26, 2003, has a verbal agreement with chairman Ed Snider to extend his contract.
King's contract was due to expire after this season.
With Samuel Dalembert a free agent this offseason, King will have many decisions to make, including the future of Allen Iverson and Chris Webber.