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.
Brooklyn would still have to free a roster spot in order to use their disabled player exception, with their roster currently at 15.
Hill becomes a free agent after this season, and word around the league is that it’s unlikely for the Lakers to re-sign the big man. Hill is averaging 8.5 points and 7.0 rebounds per game for the Lakers this season.