The Sacramento Kings and forward Harrison Barnes are reportedly working toward a new four-year contract worth approximately $88 million, according to Carmichael Dave of KHTK Sports 1140.

Barnes' agent confirmed earlier in June that the forward would decline his $25.1-million player option for next season. However, it was also reported that he was receptive to a new long-term deal with the Kings.

Sacramento intends to offer Barnes the new contract when free agency begins June 30 at 6 p.m. ET, reports Marc Stein of the New York Times.

The 27-year-old split last season between the Dallas Mavericks and the Kings after he was traded to the latter in February for Zach Randolph and Justin Jackson. He averaged 14.3 points and 5.5 rebounds in 28 games with Sacramento while shooting 40.8 percent on 4.6 3-point attempts per game.

Barnes signed a four-year, $94-million deal with Dallas in 2016, a move facilitated by Kevin Durant joining the Golden State Warriors that summer.

In order to sign Durant, the Warriors, who drafted Barnes seventh overall in 2012, had to renounce his rights, thereby switching his status from a restricted to unrestricted free agent. He signed with the Mavericks shortly thereafter.

In two-and-a-half seasons in Texas, Barnes averaged 18.7 points, 5.2 rebounds, and 1.6 assists.