Nuggets Sign Alonzo Gee

3:23pm: The team has made the deal official, including Gee’s name on an updated version of the camp roster.

2:58pm: Gee didn’t take part in the team’s first practice today, but he took his physical and is still on track to join the team, tweets Chris Dempsey of The Denver Post. Gee’s name wasn’t on the camp roster the Nuggets released today, but it seems that’s a matter of timing and doesn’t signal that the deal is off.

7:31am: The Nuggets and Alonzo Gee have struck agreement on a deal, reports Shams Charania of RealGM (Twitter link). Denver had been actively pursuing the free agent small forward, as Charania wrote over the weekend. The team has the capacity to exceed the minimum, but it’s unlikely they’ve done so in this case. Still, it seems a distinct possibility that there’s at least a partial guarantee involved for the five-year veteran.

Gee cleared waivers Saturday after the Kings cut him loose last week, not long after acquiring him from the Rockets in the Jason Terry trade. It was the third trade in which Cleveland’s former starting small forward found himself this summer, as teams passed around his contract, which had been worth a non-guaranteed $3MM for this season. Still, the 27-year-old Happy Walters client drew interest from the Nuggets as soon as he became available, proving he still has some value in spite of a down year this past season.

The move will bring the Nuggets to the preseason roster limit of 20 players. Denver has guaranteed deals with 13 of them and partial guarantees out to three more, so just how much guaranteed money Gee gets will probably dictate the likelihood that he’ll make the opening-night roster.

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