Randle, the seventh pick in this year's draft, was injured in his first career NBA game on Oct. 28. He fractured his left tibia and is expected to miss the rest of the season.
The Lakers have until March 10 to sign a player worth up to $1.5 million, half of Randle's salary, Stein reports. He adds that the Lakers do not appear to be in any rush to use the exemption.
The Lakers lost their first five games before beating the Hornets on Sunday for their first win of the season.
- Dan Gartland