Before looking abroad to the strong and deep free agent class of 2010, the Kings actually have a few free agents of their own to worry about. No starters hit the market, but a few rotation players will.
The burly Husky is a free agent because the Kings made the odd decision to sign Brockman to a one-year contract as a second-round pick last summer. Brockman had impressed at Vegas Summer League, and the Kings clearly needed frontcourt help, making Nessie a bit of a no-brainer. But the one-year deal was highly unorthodox. (DeJuan Blair, for example, picked one slot before Brockman, signed a four-year deal, with two years guaranteed.)
That means that instead of having a cheap low-minutes bruiser inked for next season, the Kings have to barter again. Brockman will be a restricted free agent. As such, by June 30, the Kings must present a qualifying offer of $932,195. That wouldn't necessarily be Brockman's 2010-11 salary -- that just allows the Kings to match any offer sheet Brockman signs with another team. Brockman could however sign the Q.O., which would effectively be like signing a one-year deal for $932,195.
Brockman's minimum salary for 2010-11 is $762,195. All told, if Brockman wants to make sure he was an NBA job next year, and wants to play in Vegas in mid-July, and doesn't have offers from other teams, and doesn't have a longer-term offer from the Kings, it could be in his best interest to quickly sign the Q.O., considering the alternative could be waiting until September for a contract from the Kings or someone else.
Until Brockman is signed by the Kings or another team, a cap hold of the Q.O. amount ($932,195) will be on the Kings books. If for some reason that $932,195 is stopping the Kings from signing a major free agent, the Kings could withdraw their Q.O. (assuming Brockman doesn't sign it first), thus renouncing rights to Brockman. At that point, he would become an unrestricted free agent. Assuming the other free agent signing would put the Kings at the cap threshold, the team would only be able to offer Brockman a minimum contract worth $762,195.
I think the Kings will extend the Q.O. to Brockman, but otherwise will be slow to negotiate a contract with him. I think a two-year contract worth $2 million or so is what Brockman will end up with.
May, God bless him, is a low priority for the Kings. His cap hold will be $854,389, which is the portion of May's minimum salary of which would count on the Kings' salary cap sheet if May were to sign another minimum contract. I think the Kings will renounce May's rights if they need to, but will otherwise let May find a team. I don't see any scenario in which the Kings offer May a contract in excess of his minimum salary.
Like May, Udoka will have a cap hold of $854,389. Like May, the Kings will likely renounce Udoka's rights only if required by a trade or free agent acquisition. The Kings could bring Udoka back for a short, low salary deal, but it seems unlikely.
McGuire is, like Brockman, a restricted free agent. His qualifying offer and cap hold is $1.06 million. I think the market for McGuire will be limited, and I have no inkling as to whether the Kings will extend the Q.O. to him. In the unlikely scenario the Kings extend a maximum-value contract to one of the big-name free agents, Sacramento should have enough room (assuming the team's second-round pick doesn't immediately sign and Brockman isn't inked to a substantial contract) to get by without immediately renouncing McGuire.
McGuire is a good wing defender, and I think would be worth a two-year deal worth no more than $2-2.5 million.
Every other would-be Kings free agent (Mikki Moore, Larry Hughes, Joey Dorsey, Kenny Thomas, Desmond Mason) had been waived at some point in the past two seasons. The Kings have no special rights to sign these players, and they don't count for squat on the team's 2010-11 payroll.