Skip to main content
Come Fan with UsFriday, August 7, 2026

Derek Fisher Reaches Buyout Agreement With Houston Rockets

Derek Fisher has reached a buyout agreement with the Houston Rockets, according to Adrian Wojnarowski of Yahoo! Sports. Fisher was recently traded from the Los Angeles Lakers for Jordan Hill. The 37-year-old point guard will become a free agent, assuming he clears waivers.

Before you even ask, the answer is “no.” Fisher cannot be re-signed by the Lakers, thanks to a rule in the new collective bargaining agreement barring players from returning to their old teams following a buyout. He had been seeing significantly reduced minutes in L.A. anyway, averaging just 5.9 points per game.

Fisher still carries a championship pedigree, however, and will likely look to latch onto a contender if he can. He has a $3.4 million option for 2012-13 on his contract.

For more on the Lakers, visit Silver Screen and Roll and SB Nation Los Angeles. For more on the Rockets, visit The Dream Shake and SB Nation Houston.

See More: