Derek Fisher confirms Rockets bought him out

LOS ANGELES (AP) - Derek Fisher says he has reached a buyout agreement with the Houston Rockets.

Fisher's business manager announced the move Sunday night, but gave no indication about the 37-year-old point guard's plans for the future.

The Los Angeles Lakers traded the five-time NBA champion guard to Houston on Thursday for backup big man Jordan Hill. The Lakers made the move partly to clear playing time for Ramon Sessions, acquired earlier in the day from Cleveland.

The deal upset the Lakers' veteran leaders, including Kobe Bryant. The guards were teammates for 13 of their 16 NBA seasons.

Fisher had started 371 consecutive games over the past five seasons for the Lakers, but the NBA players' union leader was averaging just 5.9 points and 3.3 assists this year.