Derek Fisher Agrees To Deal With Oklahoma City Thunder: Report

By Randall Stevens  |  03/21/2012

After Lakers icon Derek Fisher agreed to a buyout of his contract with the Houston Rockets earlier this week, teams such as the Miami Heat and Oklahoma Thunder surfaced as interested candidates in signing him.

Well, apparently, Fish has decided on the Thunder.

According to, the veteran point guard and Oklahoma City have agreed to terms on a rest-of-the-season contract that will be signed after Fisher clears waivers, scheduled for 6pm ET Wednesday (March 21).

Both the Heat and The Thunder reportedly offered strong pitches to Fisher, in an attempt to add him to the roster in time for the playoffs. Apparently, he liked OKC's pitch the best.

The Thunder have roughly $3 million left of their mid-level exception and thus possessed the ability to outbid Miami by offering a portion of that amount to sign Fisher to a one-year deal, reports ESPN.

Terms of the deal were unknown at press time.

Fish was set to earn $3.4 million next season under the terms of his contract with the Los Angeles Lakers, but surrendered next season's paycheck -- after being traded to Houston last week -- to secure a buyout from the Rockets and the opportunity to join a contender for yet another shot at a championship ring.

Before OKC's game on Tuesday night (March 20), the team's star Kevin Durant endorsed the team's prospect of signing Fisher.

He told The Oklahoman: "Derek is a consummate professional ... an unbelievable leader. And he played with arguably one of the greatest players to ever play in Kobe (Bryant), and Kobe really respected him as a player and wanted him on his team, so that speaks volumes.

"We have a great corps of point guards leading off with Russ (Russell Westbrook) and then Reggie (Jackson) and Royal (Ivey)," Durant continued. "But adding another guy that can come in and give us some good minutes here and there and bring his leadership and winning plays here would be cool. But it's one of those things that you really don't know too much about. We got to just see what happens. (Fisher) is a Thunder guy as far as character and off the court is concerned. But we'll see what happens."