Updated: March 21, 2012, 9:56 pm ET

Thunder sign PG Fisher for rest of season

By HOOPSWORLD
Basketball News & NBA Rumors

The Oklahoma City Thunder have signed veteran point guard Derek Fisher for the remainder of the season.

Fisher became a free agent Wednesday after clearing waivers. He had reached a buyout agreement with the Houston Rockets on Monday.

The Rockets acquired Fisher and a first-round draft pick in 2012 from the Los Angeles Lakers in exchange for forward Jordan Hill.

The 37-year-old Fisher was part of five championship teams with the Lakers. In his 16th season, Fisher was averaging 5.9 points and 3.3 assists for Los Angeles this season.

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