Derek Fisher Reaches Buyout with Rockets

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Derek Fisher has reached a buyout agreement with the Houston Rockets and is expected to become a free agent once he clears waivers, league sources told Yahoo! Sports.

Fisher will likely have a deal with a contender soon. A new rule in the collective bargaining agreement doesn’t allow him to get bought out after a trade and re-sign with the Lakers this season. Fisher had a $3.4 million player option on his 2012-13 contract.

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