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The Nets have a $5.25 million disabled player exception that they can use in a trade or free-agent transaction until March 10, and could use a portion to absorb the remaining $3.5 million on Hill's expiring contract.
Nevertheless, the luxury tax penalty on absorbing Hill's contract would be extraordinary for Brooklyn: Nearly $17 million. Hill could give the Nets a capable power forward and center replacement for a run at the postseason, but ultimately ownership would have to be willing to sign off on expanding its record $190 million-plus combined payroll and luxury tax.
Hill, 26, has never been a favorite of Lakers coach Mike D'Antoni and struggled to find minutes in his system. It is doubtful that Hill would re-sign with the Lakers as a free-agent this summer with D'Antoni still the coach, sources told Yahoo Sports.
Hill has averaged 8.5 points and seven rebounds in 19 minutes for the Lakers.