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OKC Thunder signs Fisher, loses Miller

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OKLAHOMA CITY – The Oklahoma City Thunder has decided a little bit of Derek Fisher is now worth an entire season of the 38-year old 5-time NBA champion.

The franchise announced the signing of Fisher late Wednesday afternoon to a 1-year agreement after Fisher played in parts of the last couple of seasons, totaling 44 games including playoff action in 2012 and earlier this year against Houston.

Fisher was very effective in his role off the bench last season, especially after the injury to Russell Westbrook in the postseason and he even performed admirably on defense, a deficiency in his game the past several years before Fisher ever joined the Thunder.

OKC General Manager Sam Presti said, “Derek has proven to be a valuable member of our team and we are excited to have him back. He has such a positive impact on his teamates and the organization.”

Fisher has appeared in a staggering 240 career playoff games including 158 starts, averaging just under 9 points per game and almost 3 assists per postseason clash.

On the same day the Thunder announced the Fisher signing, multiple reports indicate free agent guard Mike Miller will sign with the Memphis Grizzlies.

The 6-8 former Florida star, a 13 year NBA veteran, was released by the league champion Miami Heat several weeks ago under the “amnesty clause,” meaning the Thunder could’ve signed him for just under $900,000 while the Heat would still have to pay his $13 million salary for the 2013-14 season.

Miller initially indicated an interest to sign with OKC but sources Wednesday said Miller confirmed to friends that he will ink with his former team, the Grizzlies, a club Miller played for earlier in his career, for five seasons.

In fact, Mike Miller’s best season as a pro was with Memphis in 2006-07 when he averaged just over 18 points per game.