Defender Reda Johnson and striker Marcus Tudgay are set to hold talks with Coventry City over extending their stays with the League One club.
The former Owls pair have survived the club’s end-of-season cull following Tony Mowbray’s decision on Monday night to remain as Sky Blues boss.
Although Johnson and Tudgay started in less than half of Coventry’s league matches following injury-hit campaigns, Mowbray is keen to keep the duo at the Ricoh Arena.
Tudgay spent five years at Hillsborough while Johnson, who featured 87 times for Wednesday, hitting 19 goals, had an option in his contract for a second year, having started last season at Sky Blues skipper.
As part of reshaping his squad, Mowbray decided to let eight players leave yesterday, including ex-Owls loanee Danny Pugh, Frank Nouble, Simeon Jackson and Shaun Miller.
Coventry finished 17th in the third-tier of English football, five points clear of safety after avoiding relegation on the final day.