The Lakers have until Tuesday to apply for a “disabled players exception” for back up big man Jordan Hill.

It was announced on Friday that Hill will miss the remainder of the season with a hip injury that will sideline the forward-center for six months.

The Lakers can apply for an exception worth half of Hill’s $3.56-million salary.  There’s no guarantee the league will approve the exception if the Lakers even apply for it, but if granted, the Lakers would gain about $1.78 million in additional spending power.

The Lakers can use that $1.78 million to either sign a player for the remainder of the year, or trade for one in the final year of his contract (with an additional $100,000 of leeway via trade for a $1.88-million maximum). The Lakers also waived rookie reserve guard Darius Johnson-Odom opening up a roster spot below the maximum of 15.

via Eric Pincus of The Los Angeles Times