"I want to stress that we haven't gotten to an offer or acceptance sort of thing just yet," Slater told Nine.
"There's been an expression of my interest in coaching the Queensland team and given the care I have for Queensland and how high I hold the role, I'm certainly considering it.
"But at the same time I've got some existing commitments.
"I've got family commitments and I respect the role that much that I know how much I will put into the role, and I know how much it will demand and the commitment it will take.
"So it's not just an easy decision to say, 'Yes', but certainly [there is] some consideration there."
Andrew Johns and Brad Fittler discuss how the Maroons move on from Paul Green
Legendary Nine NRL commentator Ray 'Rabs' Warren pressed Slater during the Friday night footy whether he had been approached by Queensland Rugby League but the retired fullback was coy.
"I care about Queensland, Rabs, so therefore there's consideration and interest for myself around the position," Slater said.
"It's not a cut and dry situation for me. I've really got to consider the position and how much focus and input that would take out of what I'm doing."
Slater retired at the end of 2018, and was first linked with the role before Green's appointment for the 2021 Origin series, which Queensland lost 2-1.
NSW Blues legend Andrew Johns asked Slater how he would feel coaching players he had not too long ago played with and whether that would be a potential concern for him.
"Not at all. That's not a worry to me," Slater replied.
He refused to say concretely whether he would or wouldn't accept the role at the moment "out of respect to the position".
"The consideration is around my existing commitments and the respect I give the position because it's not just turn up to three games - it's more than that and it's about the direction Queensland Rugby League want to go with it," Slater said on Nine.
"I know how much this means.
"I've got to consider everything before I make a decision.
"I think there's a lot of good people that can be involved in the Queensland Rugby League system. The QRL are working towards that.
"They're doing a fantastic job and they've got an eye on the future, so we will see what happens."