Derek Fisher

Southeast Notes: Heat, Fisher, Magic, Diaw

Let's get you caught up on some items out of the Southeast division on a busy night in the Association..

Latest On Derek Fisher

After Derek Fisher and the Rockets reached an agreement on a buyout this weekend, Fisher's business manager Jamie Mior released a statement explaining the decision:

"After much discussion and expressing their desire to welcome Derek to their team this season as well as the 2012-2013 season, the Houston Rockets and Derek have negotiated a buyout. Derek's desire to win a sixth championship is what drives him and will continue to drive him as he moves forward. We thank the Houston Rockets front office for their interest, time and their absolute professionalism. There will be no further comment at this time."

While we wait to see if Fisher clears waivers this Wednesday, rumors about which teams are interested in signing him have already surfaced. Let's round up a few of them….

  • ESPN.com's John Hollinger (via Twitter) notes that Fisher declining his $3.4MM option for next year means that the Rockets were essentially paid $200K to acquire a first-round pick.
  • The Blazers aren't interested in Fisher, tweets Mike Tokito of The Oregonian.
  • The Rockets' buyout of Fisher paid him for the rest of this season, but he opted out of all $3.4MM next year, a person with knowledge of the deal told Jonathan Feigen of the Houston Chronicle (via Twitter).
  • According to ESPN.com's Marc Stein, the Thunder are deciding whether to make a formal bid for Fisher.
  • The Clippers aren't interested, says Stein.
  • Fisher has strong interest in joining the Bulls or Heat, according to Stein, but it's unclear to what extent that interest is reciprocated.
  • Stein adds that the Spurs have some interest, since their signing of Patrick Mills is being held up — according to Stein, the Blazers have yet to renounce Mills' rights, which is odd, since the team tweeted on Saturday that it was done.
  • Steve Kyler of HoopsWorld (via Twitter) cautions that there's no guarantee Fisher will play for another club this year. The veteran is weighing the option of re-joining the Lakers in a coaching or front office capacity, tweets Kyler. Fisher, of course, can't re-sign with the Lakers as a player this season.

Odds & Ends: Fisher, Bayless, Morey, Draft

With Derek Fisher being bought out by the Rockets after being acquired from the Lakers, there is plenty of speculation of where the veteran guard will end up.  No longer a difference maker, Fisher's value would likely be as a leader for a contender or as a role model for the younger players on a rebuilding team.  David Alridge tweeted that Fisher is not sure what he will do and that he wants to see if his "heart is still in it."

Here are some other notes from around the league on this Sunday night:

  • Ryan Wolstat of the Toronto Sun examines the effect that Jerryd Bayless' recent play will have on the Raptors' decision making.  Wolstat speculates that Bayless could replace the aging Jose Calderon, who has been solid but is not exactly an exciting option for a lottery-bound team.  Bayless is a restricted free agent after the year while Calderon is under contract for one more year.
  • Jerome Solomon of the Houston Chronicle analyzes Rockets' GM Daryl Morey's thusfar-unsuccessful quest to land an All-Star caliber player.  Morey, whose shrewd decision making is lauded in many NBA circles, has upgraded Houston's roster repeatedly via trade but has yet to hit a home run.
  • Moe Harkless, St. John's forward and Big East Rookie of the Year, will reportedly file for early entry to June's NBA Draft, according to ESPN via the Associated Press.  It is unclear whether Harkless will hire an agent immediately or is just testing the waters, but the program has scheduled a press conference for Monday.
  • Jonathan Tjarks from RealGM takes a look at the apparently skyrocketing value of late first round picks.  Tjarks points to this year's trade deadline as an example of how the new CBA and a deep draft class caused teams to value picks in the 20s.

Odds & Ends: Odom, Aldridge, Jefferson, Celtics

In his first game since becoming a member of the Warriors, Richard Jefferson had a tough go, making just two of 14 shots and scoring nine points in just under 38 minutes of play. On Thursday, the Spurs dealt Jefferson for veteran swingman Stephen Jackson. Due to the approximate $30 million due his way over the next three years (including an $11 million player option in 2013-14 which he's likely to exercise), the Warriors were questioned for making the deal.

Here are a few other notes from around the league. 

  • John Denton tweets that Otis Smith is content with the Magic roster and can't see adding any of the recently bought out vets like Derek Fisher and Ronny Turiaf.  CBS Sports' Matt Moore explores potential landing spots for Fisher.  
  • The Blazers have announced a Monday press conference for Jonny Flynn and Hasheem Thabeet, suggesting they passed their physicals (via Mike Tokito tweet).
  • Yesterday, Yahoo! Sports' Marc J. Spears wrote a detailed feature on Lamar Odom's struggles in Dallas. Inside the piece, Spears notes that Odom formally requested a buyout in February, but was rejected by owner Mark Cuban and general manager Donnie Nelson. 
  • Upon hearing that Ronny Turiaf has officially been bought out by the Nuggets, WEEI.com's Paul Flannery takes a look into whether the Celtics might be interested in bringing the 6'10" Frenchman aboard. Boston made no moves at the trade deadline but with the future of Jermaine O'Neal still in serious doubt, they're still in need of a big man or two. 
  • Since taking over for the Trail Blazers former head coach Nate McMillan, Kaleb Canales has decided to utilize LaMarcus Aldridge more from the elbow. According to CSNNW.com's Chris Haynes, the move was made before Friday night's win against Chicago, and Portland's best player has said he's enjoying the change. 

Rockets Buy Out Derek Fisher

Derek Fisher has officially reached a buyout agreement with the Rockets, and is expected to hit free agency once he clears waivers, according to Yahoo! Sports' Adrian Wojnarowski. In one of the more surprising deals that went down before the deadline, the 37-year-old point guard was dealt to Houston for Jordan Hill and a top-20 protected first round draft pick after the Lakers acquired Ramon Sessions in a separate move. 

The Rockets appeared to be in need of another point guard while Kyle Lowry recuperates from a bacterial infection, but they instead chose to sign Courtney Fortson from the D-league. 

At this stage in his career, Fisher is seen as one of the weaker guards in the league, but due to this experience in big games (five championships with the Lakers since 2000) he could sign on with a contender upon becoming a free agent. He'll be available to sign with any team except the Lakers due to a new rule in the CBA. 

Southwest Rumors: Fisher, Mills, Jackson

Four of the five Southwest Division teams are in action tonight, including the Mavs and first-place Spurs, who meet in Dallas. Here's a quick check around the division:

Odds & Ends: Blazers, Fisher, Kaman, Rockets

If you've gotten a little too caught up in March Madness, don't worry.  We'll get you caught up with a look at what's happening around the Association ..

  • After dealing Marcus Camby and Gerald Wallace at the deadline, Jason Fleming of HoopsWorld.com wonders what's next for the Blazers.
  • The Wizards would be willing to accommodate Brian Cook if he wishes to play elsewhere, a league source told Michael Lee of the Washington Post.  Cook’s agent Mark Bartelstein said on Saturday the two sides will likely engage in buyout discussions this week.
  • Lakers guard Kobe Bryant is sad to see longtime teammate Derek Fisher leave, writes Dave Menamin of ESPNLosAngeles.com.  The Rockets will likely buy out Fisher's contract, but the new Collective Bargaining Agreement prohibits the veteran from rejoining the Lakers.
  • Hornets General Manager Dell Demps now says that the club is open to offering center Chris Kaman an extension at the end of the season, writes John Reid of The Times-Picayune.  Kaman's name was involved in trade talks but ultimately wound up staying put.  It's still possible that the Hornets could buy out the big man, allowing him to latch on with a contender.
  • General Manager Joe Dumars said that the Pistons stood pat at the trade deadline because there were no quality offers on the table, writes Vince Ellis of the Detroit Free Press.  Plenty of deals were put in front of Dumars but none of them were enticing enough for him to pull the trigger.
  • The Rockets' moves at the trade deadline were solid but the club didn't make the kind of blockbuster that some were expecting, writes Jonathan Feigen of the Houston Chronicle.
  • Commissioner David Stern & the NBA did a tremendous job facilitating the new lease agreement between the Hornets and the state of Louisiana, writes John DeShazier of the Times Picayune.  The new deal will keep the Hornets in New Orleans through 2024.

Rockets Intend To Buy Out Derek Fisher

The Rockets will buy out the remainder of Derek Fisher's contract, according to Fran Blinebury of NBA.com (via Twitter). Speculation that Houston would buy out Fisher began almost immediately after the Rockets acquired him yesterday, with Jonathan Feigen of the Houston Chronicle tweeting earlier today to "expect [a] buyout."

Fisher's cap figure is $3.4MM this season, with a player option worth the same amount for 2012/13. The Rockets have been attempting to clear cap space for this summer, so if the Rockets and Fisher agree on a buyout, we'll see how much of next year's figure Houston can clear from its books.

If a buyout is finalized before next Friday, Fisher will be free to sign with any team in the NBA besides the Lakers. Since L.A. traded him, the veteran point guard is prohibited from rejoining the Lakers this season, under the new Collective Bargaining Agreement.

Latest On Lakers’ Failed Trade For Beasley

1:36pm: Bill Ingram of HoopsWorld reports a slightly different story on how the Beasley talks broke down, saying the Lakers were trying to send Luke Walton and other "salary dump type pieces" to Minnesota. Ingram suggests the reports on Fisher's inclusion causing Minnesota to back out are Lakers' spin.

10:42am: We heard yesterday that the Timberwolves had backed out of a potential three-team trade that would've sent Michael Beasley to the Lakers, Derek Fisher and Jamal Crawford to Minnesota, and a first-round pick to the Trail Blazers. The Lakers ultimately moved Fisher and that first-rounder to Houston for Jordan Hill, but a few details have surfaced on that failed deal have surfaced today.

According to Dave McMenamin of ESPNLosAngeles.com, Anthony Tolliver would have also been involved in the deal, heading from Minnesota to Portland. McMenamin says the T-Wolves pulled out of the deal with just seven minutes left before the trade deadline, leaving Lakers officials "puzzled and disappointed."

Mike Breshanan of the Los Angeles Times hears from a source that the trade was "whisker-close" to being completed, but that Timberwolves owner Glen Taylor blocked the deal. Presumably, if ownership vetoed the deal, it was for financial reasons rather than basketball reasons, though that's just my speculation.

Hollinger On Deadline Deals

ESPN.com's John Hollinger has posted grades for every trade that took place today. The post is only available to ESPN Insider subscribers, but here are the highlights:

  • The Nuggets were smart to shed Nene's contract, even if trading for JaVale McGee is a risk.
  • However, Hollinger views the Wizards' acquisition of Nene is an overreaction to McGee's contract demands.
  • For the Clippers, Hollinger doesn't believe Nick Young is a perfect solution, but that he's worth the risk since they didn't have to give up any significant assets.
  • Hollinger praises the Blazers' rebuilding effort in the Gerald Wallace trade, although he has reservations about the players they got back from Houston for Marcus Camby.
  • He doesn't think the Nets made a smart move giving up a lottery pick for short-term help when they risk losing Deron Williams at the end of the season.
  • Hollinger likes the Rockets' acquisition of Camby as a short-term pick-up to help them make a playoff run.
  • The Warriors' acquisition of Richard Jefferson is counterproductive to their efforts to tank for a draft pick, Hollinger writes. However, he praises the Spurs for shedding Jefferson's contract for Stephen Jackson's shorter one.
  • Hollinger questions the Cavaliers for taking on Luke Walton's expensive contract while giving up Ramon Sessions, but loves the deal for the Lakers, as Sessions is a massive upgrade at point guard over Derek Fisher and Steve Blake.
  • Hollinger likes the Sam Young acquisition for the 76ers, and while he doesn't believe losing him will shift the Grizzlies' playoff hopes one way or another, he questions whether it was necessary to shed him simply for cap reasons.
  • He sees the Leandro Barbosa trade as a low-risk deal for both the Raptors and Pacers, giving Indiana immediate help at shooting guard while freeing up room for other players to get more minutes in Toronto.