Press Enterprise: For all intents and purposes, Derek Fisher will re-join the Lakers.

Fisher and the Lakers have agreed to a three-year contract worth about $13,959,000, league sources said.

However, there will be a holding period before he can sign the contract. Fisher, who was released by the Utah Jazz last week, has to clear waivers first.

It’ll take seven days before Fisher can clear waivers, and that won’t start until his previous contract of $20,592,600 that he walked away from is amended to zero dollars.

As of Wednesday night, the Jazz had not filed the paperwork with the NBA about Fisher’s release. The seven-day countdown to Fisher’s being free and able to sign with the Lakers won’t start until Utah does.

Another team could pick up Fisher before he clears waivers. But if it does, that team will be on the hook for all of Fisher’s $20,592,600 salary.

Fisher’s contract with the Lakers will start at $4.3 million, which is less than the mid-level exception for next season at $5.3 million.

Continue reading ‘Derek Fisher agrees to a 3-year contract to rejoin the Lakers’

  • tryangles

    Welcome back DFish,

    Hope you mentor Farmar and Critt really well!

  • http://www.myspace.com/boytoy310 coca shayne

    F*CK!!!!!!!!!!!!!!!!!! Dammit!!!!!!!!!!!!!!

  • Fatty

    So we have a mil left. What do we do with it? Sign francis

  • TheMagicMan32

    yeaaaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhhh

  • DeepFrost

    ‘Sup Fatty)) how’s the trade meter doing after the info on Fish?

  • http://gmail.com Mark Caseas

    Welcome home D Fish,

    You will win us a world championship and get MVP. Who needs Garnett when you have the Fish Man!! Kobe and Dfish all the way. Now all we need is to get Slava Medvedenko back in the purple and gold.
    GO LAKERS!!!!!!!!!!

  • Fatty

    Deepfrost

    Meter Dude will update in the PM when all the articles have come thru for the day.

    Thanks for asking.

    Awsome news about Dfish.

  • kobeguru

    But what is the am addition?

  • http://myspace.com/crunklilgangsta Kenny

    WOOOOOT WOOOT!!

    now all we need i KG or JO

  • Lakes on 3!

    Welcome back!!! It took long enough but hey…we got it done. I really like what I’m seeing from “JAVA”! He’s looks really good. He scores quietly, very discreet. Loving that!!! Farmar’s gonna have his work cut out…

  • http://myspace.com Kehinde

    Thank U GODDDDDDDDDDDDDDDDDDDDDDDDDDDDD

  • Fatty

    kobeguru

    meter dude is wanting more money and will only give me one prediction a day, so we agreed for the pm. check back later.

    Thanks for asking.

  • http://www.getgarnett.com Fred A.

    That is cool!!!!!!

  • http://Yahoo King Kobe 24

    YES welcome back Fish

  • BringDFishBack

    yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeees!!!!!!!!!!!!!!!!!!! I cannot believe this happened!!!!!!!!!!!!!! And i made my name before i had any clue he was leaving the jazz, i was hoping we’d make some trade for him ;). I wanted him back sooooooooo bad and now it happened!!!!!!!!!! Woooooooooooooooooooooot!

  • http://www.getgarnett.com Fred A.

    OH GREAT!!!!!! If the FISH signs on, that would solve half the problem. We really do not need KG at this point because they are asking to much for him. All we need is find out how we should get JO without giving up Odom. That is the other half of the problem. If we do this it would be:
    Fisher
    Bryant
    Odom
    JO
    Mihm
    This would be good enough for this year.
    That so when KG opts out next year it would look like this:
    Fisher
    Bryant
    Odom
    JO
    KG
    Mission accomplished!!!!!! This would be good enough to
    optain the KOBE!!!!!!!!

  • http://www.getgarnett.com Fred A.

    OH GREAT!!!!!! If the FISH signs on, that would solve half the problem. We really do not need KG at this point because they are asking to much for him. All we need is find out how we should get JO without giving up Odom. That is the other half of the problem. If we do this it would be:
    Fisher
    Bryant
    Odom
    JO
    Mihm
    This would be good enough for this year.
    That so when KG opts out next year it would look like this:
    Fisher
    Bryant
    Odom
    JO
    KG
    Mission accomplished!!!!!! This would be good enough to
    optain the KOBE!!!!!!!!

  • http://www.getgarnett.com Fred A.

    Awsem

  • flipside

    slava mavendenko sucks!!!!

  • tj

    If we can’t get KG this season, trade Bynum for JO, and Farmar, Cook, and Kwamie for Artest. This would give us:

    Pg Fisher
    SG Kobe
    SF Artest
    PF Odom
    C JO

    Then next season sign KG and add him to the mix.

    This is probably a dream because of the Salary Cap.

  • THeGreatOnekb&kg

    “FISH I sure hope its CATFISH” WELCOme BaCk D.FISH. veteran experience is always great on the court and in Crunch time O.4……..LAKERS4LIFE.

  • http://www.lakerfreak.homestead.com lakerfreak

    sweet and we still ahve a million left to spend dont know what to do with it though
    whats up with that guy saying slava is the 3rd best player in the NBA??? is it slava using a different name?
    I like the dreams about Kobe Odom JO KG or Artest and Fisher but i think the Lakers are not going to make any big moves anymore unless we are getting rid of kwame, vlade, cook, or sasha

  • magic32

    ARE YOU FUCKIN KIDDING ME 13 MIL OMFG. GREAT MOVE MITCH YOU FUCKIN JOKE OF A GM.

  • http://gmail.com Mark Caseas

    Fuck You, Flipside!!! There are only two people in the NBA better than Slava and those people are Kobe and the Fish. Plus Slava would ball you up any day. So watch your mouth!!!
    GO LAKERS!!!!!!!!!!

  • http://gmail.com Mark Caseas

    Also fuck you Lakerfreak, you are just a Kingsfreak in disguise. Go Slava!!!
    GO LAKERS!!!!!!!!!!!

  • http://gmail.com Mark Caseas

    Fatty, make a trade-o-meter to get Slava Medvedenko. He is the third best player in the NBA. And he is so underrated that you can get him for less people than for Garnett and he will make a better contribution for a championship. Forget about KG, JO, and LO; go for Slava!!!
    GO LAKERS!!!!!!!!!!

  • jmkb24

    Welcome back D Fish!!!!!!!!!!!!!

  • http://hzmdesigns.com hZm

    Anyone else find that close up picture of Fisher kinda creepy? Makes me sort of uncomfortable for some odd reason.

  • magicman

    Welcome back D-Fish..This was half the battle! Now if we can get rid of LOser, Sorry ASS, and Clumsy and get JO, Troy Murphy, and Danny Granger, we will be straight!!

  • DEMARCOS HARDWELL