This move comes as no surprise as the Lakers look to clear as much cap space as possible this summer. Los Angeles stands to have about $24 million in cap space as the team attempts to reel in a big fish in free agency.
The Lakers signed Hill to a two-year, $18 million deal last summer, but they gave themselves that out if they wanted it with the team option. The big man is a solid player and averaged 12.0 points and 7.9 rebounds on the year, but he’s certainly not worth $9 million when it means sacrificing that precious cap space.
Hill could still wind up back in Los Angeles if the Lakers strike out on the big fish they chase, but he’ll certainly look hard elsewhere, and he could be a nice value at the right price.