JULY 11TH: The Nuggets have confirmed in a press release that the team has officially re-signed Miller.
Miller was expected to receive a good amount of interest on the open market with the Grizzlies, Rockets, and possibly the Jazz depending on their offseason plans. The 36-year-old transitioned well to his reserve role in 2011/12, averaging 9.7 PPG, 6.7 APG, and 3.3 RPG in just over 27 minutes a night.
The veteran guard was also key for Denver in their seven-game first-round series against the Lakers. Miller shined in the Nuggets' Game 5 win as he scored a team-leading 24 points and eight assists.