An expiring contract like his will be a major asset over the next season. The summer may be a bit too early for him to be that moveable though.
i agree, and i think they need to hang onto him with the understanding that his expiring contract might be valuable at the trade deadline. the kings are woefully short of useful assets now that they've made and decided to keep their 2014 draft pick, given that they still owe a future first-rounder to chicago...
they've got an unproven ben mclemore who's stock has never been lower in the wake of the nik stauskas selection, a serviceable big in jason thompson who could potentially draw some interest from playoff teams looking for additional size, and an expiring contract in jason terry that could be helpful to teams attempting to clear cap space in advance of the 2015 free agent class (especially those teams that whiff on 2014 free agents and scramble to sign lesser talents, a la carl landry)...
speaking of carl landry, i just pray that he's able to improve his trade value considerably in the coming season. and i suppose the kings might also have a trade chip in rudy gay's massive expiring if he and the team are unable or unwilling to agree to an extension this offseason. regardless, i'm seeing limited flexibility for the kings in the trade market; jason terry may very well represent a useful component of a future trade package, but we're likely still many months away from his contract being a truly movable piece...