Originally Posted by ESPN
According to the Houston Chronicle, general manager Daryl Morey confirmed that he has petitioned the league for a disabled player exception for Yao Ming. It would be worth $5,765,000 million if it is granted.
The Rockets would have 45 days to use the exception from the time they knew he would miss the duration of the season. That would have been last Thursday.
The Rockets can use it to acquire a player via free agency or a trade. They already have a full 15-man roster, so someone would have to be moved, if Morey uses the exception.
Can't link the exact webpage because it's ESPN Insider but thought i would share