King, 27, is in the final season of a three-year, $5.85 million contract with an average annual value of $1.95 million, according to CapFriendly.com. He can become an unrestricted free agent on July 1.
King, a two-time Stanley Cup champion with Los Angeles, has 15 points (eight goals, seven assists) in 63 games this season. He has 108 points (52 goals, 56 assists) in 348 NHL regular-season games during seven seasons, all with the Kings.
Los Angeles selected King in the fourth round (No. 109) of the 2007 draft.
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