The Wolverines announced Wednesday that Albrecht had the operation at University of Michigan hospital. He may consider a similar procedure on his left hip later in the offseason.
Coach John Beilein says Albrecht played through pain in both hips this past season.
Albrecht started 18 games last season, averaging 7.5 points and 32 minutes. He carried more responsibility because of fellow point guard Derrick Walton's injury problems.
Albrecht has been a backup for most of his three seasons at Michigan, and he's probably best known for his 17-point performance in a losing effort against Louisville in the 2013 NCAA title game.