Defending champions the Golden State Warriors and Philadelphia 76ers are among "multiple contenders" interested in signing the 34-year-old centre, according to a tweet from The Athletic's Shams Charania. "I'm committed to being here for two years", Bogut told reporters last April.
"There's things that have to happen and we can't really comment on them until it is official".
Kings coach Andrew Gaze told Australian radio station SEN the team would always honor a player's decision to pursue an opportunity in the National Basketball Association.
Bogut, who most recently played for the Lakers in 2017-18, is coming off a standout campaign Australia's NBL in which he won the league's Most Valuable Player and Defensive Player of the Year awards. Bogut's agent is working on getting a letter of clearance from Sydney. The Unbeatable Duo Of Ben Simmons And Joel Embiid Is The Key To Their Performance.
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Bogut was traded by the Warriors to the Dallas Mavericks in 2016 to create cap space to sign Kevin Durant.
In February 2017 the Mavericks sent Bogut to the Philadelphia 76ers, who waived him nearly immediately, allowing the Cleveland Cavaliers to pick him up.
Bogut returned to Australia, signed a two-year deal with the Kings, won the NBL MVP and defensive player of the year awards and attracted the attention of National Basketball Association teams.