King, whose present deal is up at White Hart Lane, is expected to continue negotiations with the club while also considering options in coaching and possible retirement.
"I’ve been discussing things with the club and my contract expires this summer," King said. "The club has been fantastic in supporting me and given me several options to stay involved with Tottenham. I shall take a view with them pre-season on my future.
"Tottenham has been the only club for me and if I can’t play here then I shall look to be involved in another capacity."
Other notable players who are out of contract include:
Tomasz Kuszczak (Manchester United)
Andrew Johnson (Fulham)
Danny Murphy (Fulham)
Salomon Kalou (Chelsea)
Louis Saha (Tottenham)
Ryan Nelsen (Tottenham)
Carlos Cuellar (Aston Villa)