The Nuggets signed guard Mike Miller to a one-year deal after the veteran cleared waivers on Wednesday, according to a league source.
Miller received a buyout from Portland on Sunday, and was placed on waivers. Miller was scheduled to make $2.8 million this season with the Blazers.
The Nuggets are looking to upgrade their outside shooting and the 6-foot-8 Miller appears to fit the bill. He has averaged 11.3 points, 4.4 rebounds and 2.7 assists for his career while shooting 40.7 percent from 3-point range with Orlando, Memphis, Minnesota, Washington, Miami and Cleveland.
Miller visited Denver last summer when he was a free agent before signing with Cleveland.