Lakers General Manager Mitch Kupchak said the Lakers are considering applying for a disabled player exception for Jordan Hill.
Hill is expected to have surgery to fix a possible labral tear and remove "loose bodies" from the joint. Recovery is expected to take six months and Hill would miss the remainder of the season.
The Lakers are eligible to apply for the exception, which would give the team an additional $1.78 million in spending power.
"We'll look into it," said Kupchak. "We have until Tuesday."
A disabled player exception can be used to sign a free agent for up to one season. It can also be used to acquire a player (making up to $1.88 million) via trade, as long as that player will be a free agent this summer.