Randolph has the right to opt out of his contract in July and become a free agent, but hasn't decided whether or not he will do so.
"I'd like to be here," he said, according to ESPN.
"I'd like to retire here. You never know. If I've got to make some sacrifices to be here, I would. I still can play, I can still help a team out. I want to win a championship."
The 32-year-old has averaged 13 points and 10.3 rebounds so far this season under new head coach Dave Joerger.