Freedman has one year left on his current deal with Palace and, earlier this year, he hinted at his desire to move into coaching when his playing days were over.
As yet, neither Leeds or the player have confirmed whether the 34-year-old plans to return to Elland Road next season.
But Freedman's personal circumstances are likely to see him remain with Palace for the final year of his contract at Selhurst Park.
Freedman admitted in January: "Becoming Crystal Palace manager would be special but that's looking way into the future. But then why not? I'll try working to something like that."