"We felt like it would be in his best interest to finish at another school," Richt said. "He's going to transfer out, and I'm not sure where yet."
Richt said Baldwin would have one year of eligibility remaining after his transfer, but that football was not the overriding reason for Baldwin's departure.
"He has a better chance to graduate somewhere else other than Georgia right now," Richt said.
Hill, a redshirt freshman, has suffered from numerous injuries this season, including a broken hand in fall camp and a foot injury in recent weeks. He had not played in a game this season.
Hill was a top basketball recruit out of high school and had considered playing at Georgia, but Richt said that did not play into Hill's dismissal.
"Walter just – we'll give the usual breaking team rules, but he really just didn't live up to the standards of doing things the Georgia way," Richt said. "I do think he's going to want to continue on, but I'm not certain where that might be right now."
Richt said Hill's dismissal changes the number of wide receiver recruits he'll be looking for this year, adding that the Bulldogs would need a minimum of two. With the departure of Hill and three seniors at year's end, Georgia could open spring camp with just five healthy wideouts.
"I think it gives a greater sense of urgency to sign receivers, and I think receivers out there will see a much better picture of their opportunity to come in and play early on," Richt said.