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Nuggets sign Mike Miller to reported 1-year deal

Ken Blaze-USA TODAY Sports

The Denver Nuggets have signed Mike Miller to a one-year contract, according to the Denver Post's Christopher Dempsey.

Earlier reports indicated that Miller was expected to sign with the Nuggets.

After the Portland Trail Blazers acquired him in July, Miller and the Blazers agreed to a buyout, which freed the sharpshooter to sign with any team.

Miller cleared waivers earlier Wednesday. His new deal with the Mile-High City franchise has the 35-year-old set to join the seventh NBA club of his 15-year career.

Related: 2015-16 NBA Season Preview: Denver Nuggets

Known primarily for his knack at draining 3-pointers - 40.7 percent from beyond the arc on his career - the two-time NBA champion figures to boost the Nuggets' woeful long-distance shooting mark from last season. The team finished its 2014-15 campaign ranked 28th in the league in that category with an average of 32.5 percent.

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