Hill will re-sign with the Lakers for two years and $18 million. The second season is a team option, helping to give the Lakers the chance to preserve cap room for next summer if needed.
Hill, who will be 27 on July 27, averaged 9.7 points and 7.4 rebounds a game for the Lakers last season in 72 games.
"I don't think Jordan has ever wanted to leave L.A.," his agent Bill Duffy said. "He has bounced around a bit but is looking for some stability in his career. He wants to be part of the future. His heart and soul was maintained in L.A."
Earlier Friday, the Lakers agreed to trade for
Unless the team trades
The day's work would also appear to put the Lakers out of the running for
The Lakers can still re-sign free agents
Otherwise, the Lakers have used nearly all their cap room to retain Hill and Young and acquire Lin. The Lakers also landed a first-round pick from the Rockets in the 2016 NBA draft.