Derek Fisher re-signs with Thunder

OKLAHOMA CITY -- The Oklahoma City Thunder re-signed guard Derek Fisher on Wednesday.

The 38-year-old Fisher has spent parts of the last two seasons with the Thunder, averaging 4.5 points in 44 regular-season games. He has averaged 7.1 points in 31 playoff games for them.

The five-time NBA champion with the Los Angeles Lakers has appeared in 240 postseason games.

Thunder general manager Sam Presti says in a statement that ''Fisher has proven to be a valuable member of our team and we are excited to have him back.''

Presti adds: ''He has such a positive impact on his teammates and the organization.''

Terms of the contract with Fisher, the president of the NBAplayers' association, weren't disclosed.