The Panthers are slated to re-sign Hill to a one-year contract, Tom Pelissero of NFL Network reports.
Hill finished the regular season with 48 tackles (30 solo), one interception on six passes defended and one forced fumble in 16 games.
Hill has cleared concussion protocol and will play Sunday against the Buccaneers, per interim head coach Chris Tabor, Darin Gantt of the Panthers' official site reports.
Hill (concussion) is listed as out for Sunday's game at Jacksonville.
Hill (concussion) missed the end of the Panthers' 33-30 loss to the Packers on Sunday, Mike Kaye of The Charlotte Observer reports.
Hill recorded eight tackles (three solo) and three passes defensed in Sunday's 33-10 loss versus the Cowboys.
Hill is expected to start in place of Jaycee Horn (hamstring) against the Saints on Monday, David Newton of ESPN.com reports.
The Panthers signed Hill on Sunday.
Hill recorded 67 tackles (45 solo), four pass defenses, and an interception over 12 games during the 2022-23 season.
Hill (groin) has been ruled active ahead of Thursday's game against the Raiders.