So if the team decides to build around Fox, what should they do?
Well, here's how the 2020-2021 roster currently stands:
Under contract with years remaining in parentheses:
Fox (1)
Bagley (2*)
Barnes (3)
Hield (4)
Holmes (1)
Bjelica (1)
Joseph (3)
James (2)
Free agents:
Bogi (restricted)
Yogi
Bazemore
Brewer
Giles
Len
Guy (tw)
Jeffries (tw)
and Jabari Parker has a player option for next year.
As I look at that roster, the first two key questions are:
1. What do you do with Bagley
2. Do you let Bogi walk for nothing, re-sign him while keeping Buddy or re-sign him and trade Buddy?
With Bagley I think it's simple. You move him to center. He may or may not succeed there, but it's really the only option that makes sense to me. The Kings already tried to fix the spacing issue that he creates at PF in today's NBA by trading for a center who can shoot threes in Dedmon. Even if Dedmon hadn't been a disaster in Sacramento, it's a bad idea to have to count on another player to fix that issue. Bagley may or may not succeed at center but it's the only way that he becomes a key piece to this team since it allows you to have three good shooters on the wings to open up the spacing and have the quickness 1-5 that you need to compliment Fox.
The second question is much harder. Before this season I thought Fox and Hield were on their way to being one of the best backcourts in the league and Bogi's price tag would mean letting him walk rather than matching a huge deal for a sixth man. But now? Depending on what he commands in the market I think re-signing Bogdanovic and trading Buddy makes more sense. Bogi isn't quite the shooter that Hield is but he's the secondary playmaker that Fox needs and just does more to help the team win. Both SGs are also 28 so neither is likely to be around during Fox's prime (assuming he stays in Sacramento) so just in terms of asset management you're better off with Bogi (I'm assuming at less per year than Hield) and whatever Buddy fetches in trade than keeping Buddy and losing Bogi for nothing.
So now the lineup is:
Fox
Bogdanovic
Barnes
Bjelica (or possibly whoever Hield nets in trade)
Bagley
with Joseph, Holmes, James and possibly Parker on the bench.
Bazemore makes some sense depnending on the cost, but I'd prioritize re-signing Len because he likely won't command a huge salary and is the big body that the team will sometimes need defensively and on the glass.
In the draft, I think we're likely looking at 3&D wings at #12. If Buddy is dealt I like Aaron Nesmith. He reminds me of a poor man's Klay Thompson and could be used in a similar way with a bit of the same defensive potential as he gets stronger. I also like Saddiq Bey (especially his size and defense) but I he likes to create more with the ball in his hands than Nesmith. I like Okorro's motor and defense but I don't know that his shot will ever come around. The swing for the fences pick might be Patrick Williams.
In the second round I like Robert Woodard, Ty-Shon Alexander, Tyler Bey, Cassius Stanley, and would take a flyer on Killian Tillie with one of the two later 2nd rounders.
So not a hugely active offseason other than trading Buddy Hield (and I'm not sure what is out there in terms of potential deals) but next season would be all about seeing what the Kings can do with a (hopefully) healthy Bagley at center, and surrounding he and fox with wing shooters while looking to bolster the bench with complimentary players.
At this point if the team isn't rebuilding this is the approach that makes the most sense to me.