Richard Jefferson has agreed upon a one-year, $2.3 million deal with the Denver Nuggets.

The Nuggets will likely waive Jameer Nelson to create a roster spot for Jefferson.

Josh Kroenke enjoys a strong friendship with Jefferson. The Nuggets feel Jefferson will give them depth at small forward and also be a strong veteran presence.

Jefferson averaged 20 minutes per game last season.

The Milwaukee Bucks also pursued Jefferson.