NBA Trade News: Denver Nuggets To Sign One-Year Deal With Mike Miller
Mike Miller is all set to clear waivers on Wednesday. Upon getting the clearance from his current side Portland Trail Blazers, Miller will be signing for the Denver Nuggets on a one-year deal.
Formally, the Trail Blazers waived Miller on Monday. Miller landed at Portland as part of the Brendon Haywood trade with the Cleveland Cavaliers in July. The Trail Blazers absorbed Miller’s $2.8 million expiring contract in the process. Though Portland had no intentions of keeping him.
The Memphis Grizzlies, Dallas Mavericks and Oklahoma City Thunder were also in pursuit of Mike Miller, who is set to become an unrestricted free agent once he clears waivers.
According to sources, despite late snags, forward Miller is set to land at Nuggets. Miller in every means is a tall achiever in his long NBA career. The 35-year-old is ranked as LeBron James‘ favorite teammate both at Miami Heat and Cleveland Cavaliers.
But the rising luxury tax-bill in the Cavs back-office coerced them to off-load Miller this off-season after a number of trade and business to shave off payroll. Miller won the NBA twice with the Miami Heat and was once awarded rookie of the year award in 2001.