the ESPN pack of rats has even more know nothings than the NBA pack of rats, in particular for a little left coast berg like Sacto. Or more precisely many of them played roles in Gay's reputation rundown, so again, they aren't going to back off that until we start winning. Aside from the anonymous "sources say" you will note that the entire "returns aren't great and unlikely to resign" stuff comes as a separate editorial statement, not a "sources say that the Kings don't think early returns are great etc.." Wash in the general assumption Parker is the #1, and voila.
Now that's all based on the assumption that Parker will be as good if not a better player than Gay. He'll be younger, and cheaper at least for a while. So if were lucky enough to be in position to draft Parker, I can see the Kings grabbing him and not offering Gay and extension.