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OKC Thunder signs veteran guard Derek Fisher to one-year deal

Oklahoma City has re-signed veteran guard Derek Fisher. Unlike the previous two seasons, Fisher will be with the Thunder for the full season. Fisher has appeared in 44 games for the Thunder over the past two seasons.
by Darnell Mayberry Published: July 24, 2013

Because the Thunder is signing Fisher to a one-year deal, the NBA will reimburse Oklahoma City approximately $515,000 of Fisher’s salary. Only $884,293 of Fisher’s salary will count against the team’s salary. The league does this when teams sign players who have been in the league for three or more seasons to minimum salaries for one year, 10 days or the rest of the season. It’s a measure designed to keep teams from shying away from signing veteran players.

It’s something that also will keep the Thunder under the $71.75 million tax threshold this season. Barely. But the team will remain far enough under the tax to sign one more matching minimum contract without exceeding the threshold thanks to the league’s reimbursement policy for players with at least three years of service.

In order to not exceed the tax in the event of a second potential minimum signing, however, the Thunder would have to part with at least one of its three players on non-guaranteed contracts, Daniel Orton, DeAndre Liggins or Hasheem Thabeet.

The Thunder had a standing offer to free agent forward Mike Miller, the same deal it gave Fisher. But according to a report Wednesday, Miller will sign with Memphis, a team he played for from 2003-08.

by Darnell Mayberry
OKC Thunder Senior Reporter
Darnell Mayberry grew up in Langston, Okla. and is now in his third stint in the Sooner state. After a year and a half at Bishop McGuinness High, he finished his prep years in Falls Church, Va., before graduating from Norfolk State University in...
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