Mike Miller has officially cleared waivers and is expected to join the Nuggets, ESPN's Marc Stein reports.

Miller has officially cleared waivers and is expected to join the Nuggets, ESPN's Marc Stein reports.

Analysis:

While nothing is currently set in stone, all signs point to Miller heading to Denver on what would likely be a one-year deal at, or close to, the veteran's minimum. Miller has hitched his wagon to LeBron James in recent years, playing four of his last five seasons in Miami and Cleveland alongside the four-time MVP. As such, he's adjusted to his role as a three-point specialist, and that's what he'll bring to the Nuggets' bench. The 35-year-old attempted only 114 field goals last season, and 98 of those came from beyond the three-point line. He's not likely to see a heavy enough minutes load to warrant much fantasy value, but he could be of use in daily formats if Denver is faced with multiple injuries on the wing at some point.