Lee's current deal expires at the end of the season and no extensions will be offered to any player until the Owls are mathematically clear of relegation.
It means that Lee is having to wait to find out where his future lies, but he is hoping to remain at Hillsborough and play a part next season.
“There are a few of the lads who are up in the summer. I’m not sure what is happening yet but I’m relaxed about it," he said.
“I want to stay but we will see what happens and how things go. The new owners have come in so hopefully we will find out something sooner rather than later.”
It would be something of a surprise if Lee were offered a new contract at the end of the year, considering he has played such an important role this term, but Wednesday are raising expectations around the club.
The Owls have just undergone a takeover and now have funds to spend on new recruits, which could see Lee deemed surplus to requirements - if manager Stuart Gray believes there are better options out there.
Lee has made 27 appearances for Wednesday this season, though, and his versatility means that he is valuable asset to have around the club.
He can play in defence or midfield and this ability to play in numerous positions could, ultimately, be what keeps him at the Yorkshire club.