Lakers decline Jordan Hill's 2015-16 option

The Los Angeles Lakers will not be picking up their $9 million team option on forward Jordan Hill, according to league sources.

The Lakers have an interest in re-signing Hill during free agency, but the move was made at the moment to help add salary-cap space as the Lakers enter free agency in pursuit of several big-name players.

After declining Hill's option, the Lakers will have about $23 million in spending power as they target several frontcourt players in free agency