However, Lennon does not believe that the idea is likely to gain support from other member clubs.
"I think it would be good for the game," he said. "But from what I gather there is not too much support for that. I think it was mooted maybe a year or two ago but nothing was taken on with it.
"For us, it is a good idea. Ourselves and Rangers are probably the only clubs who could afford to do that.
"Whether it would bring crowds in, give our players experience, I don't know."
SPL clubs will vote on a separate reconstruction package on April 15 with a view to it being implemented by the start of next season.