The Los Angeles Lakers have sent longtime point guard Derek Fisher and a first-round pick to the Houston Rockets for power forward Jordan Hill, according to multiple reports.
The deal was first reported by Jonathan Feigen of the Houston Chronicle.
Derek Fisher, right, is headed to the Houston Rockets. (AP Photo)
The move comes in the wake of Los Angeles' acquisition of point guard Ramon Sessions from the Cleveland Cavaliers.
Fisher, drafted in 1996 along with Kobe Bryant, has played all but three of his NBA seasons for the Lakers and has won five NBA championships with the franchise.
Hill, 23, is averaging 5.0 points and 4.8 rebounds for the Rockets this season. He was the No. 8 pick in 2009 by the New York Knicks, who traded him to Houston midway through his rookie year. His career averages are 5.4 points and 4.2 rebounds.