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Wed, 21 Mar 2012 04:25 PM EDT

The Rockets have completed a buyout with former L.A Lakers guard Derek Fisher. Baseball betting lines

“After much discussion and expressing their wish to welcome Derek to their team this season as well as the 2012-2013 season, the Houston Rockets and Derek have negotiated a buyout,” Fisher’s business executive Jamie Wior expounded in a press release.

Fisher, 37 year-old, had played in 537 consecutive games before being dealt to the Houston Rockets. Baseball lines

The Rockets had purchased the Lakers icon with the expectations of convincing him to stay with them the remainder of the season. Houston currently sits 8th in the Western Conference and was hoping his locker room presence might help them in making the playoffs and have effect what had been a relatively young roster. They also have a need for another point guard while Kyle Lowry gets over a bacterial infection over the following few weeks.

Fisher was truly torn by the circumstance, according to a resource close to Fisher, which is why the Lakers and Rockets mutually made a decision to extend the deadline for him to report by 24 hours.

Sources near to the circumstance said the Oklahoma City Thunder, who are still attempting to fill the gap made by Eric Maynor’s season-ending knee injury, are deciding whether to register an official bid for Fisher.

Sources say that the L.A Clippers, by contrast, are unlikely to try and sign Fisher, though they also have a need for a playoff-tested guard after Chauncey Billups’ season-ending Achilles’ tear and with Chris Paul carrying a heavy load.

Fisher is alleged to be strongly fascinated by joining the Chicago Bulls or Miami Heat, according to one resource close to the situation. The San Antonio Spurs, sources claimed have not yet rejected chasing Fisher because their planned signing of previous Portland Trail Blazers guard Patty Mills has been held up by the indisputable fact that Portland has not yet renounced rights to Mills.

Fisher had made no public declarations since his surprising trade from the franchise he’d spent the majority of his career with. Lakers director Mitch Kupchak recognized that he hadn’t given Fisher or his members a warning that a trade was in the works, and he understood if he was “emotional” over the case.

“He could have caught wind of the rumor a couple of days ago, but there was no heads up given,” Kupchak said. “It’s not necessary, because a lot of times there’s nothing to the rumors. How frequently was one of our players traded in the last ten days and it never took place? So you can’t use your time dispelling or confirming rumors.

Fisher normally would normally have had 48 hours to report to Houston for a physical for the trade to be finished, however the Lakers and Rockets mutually concluded to extend that deadline to 72 hours, a source with awareness of the circumstance.

Fisher had a $3.4 million player option for following season. Fisher is free to sign with any other team but the Los Angeles Lakers if he clears waivers.

A 5-time NBA champ, Fisher has no wish to retire. “Derek’s need to win a 6th championship is what drives him and will continue to drive him as he moves forward,” Wior related.

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